Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF) Short Interest Update

Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMFGet Rating) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 37,500 shares, an increase of 83.8% from the April 15th total of 20,400 shares. Based on an average trading volume of 148,000 shares, the short-interest ratio is currently 0.3 days.

Institutional investors and hedge funds have recently modified their holdings of the business. Steward Partners Investment Advisory LLC increased its holdings in shares of Kayne Anderson NextGen Energy & Infrastructure by 77.9% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 4,953 shares of the closed-end fund’s stock worth $42,000 after buying an additional 2,169 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in Kayne Anderson NextGen Energy & Infrastructure by 72,678.6% in the third quarter. Rockefeller Capital Management L.P. now owns 10,189 shares of the closed-end fund’s stock worth $74,000 after acquiring an additional 10,175 shares during the period. Moors & Cabot Inc. acquired a new stake in Kayne Anderson NextGen Energy & Infrastructure during the third quarter worth $80,000. Landscape Capital Management L.L.C. purchased a new stake in Kayne Anderson NextGen Energy & Infrastructure in the fourth quarter valued at $100,000. Finally, Coastal Bridge Advisors LLC acquired a new position in shares of Kayne Anderson NextGen Energy & Infrastructure in the 4th quarter valued at $115,000.

KMF stock opened at $7.96 on Friday. Kayne Anderson NextGen Energy & Infrastructure has a 1 year low of $6.77 and a 1 year high of $9.01. The business has a 50 day simple moving average of $8.20 and a 200-day simple moving average of $7.70.

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 19th. Shareholders of record on Monday, April 11th were issued a $0.16 dividend. This is a boost from Kayne Anderson NextGen Energy & Infrastructure’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 8.04%. The ex-dividend date was Friday, April 8th.

Kayne Anderson NextGen Energy & Infrastructure Company Profile (Get Rating)

Kayne Anderson NextGen Energy & Infrastructure, Inc is a close-ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It invests in public equity markets of North America. The fund primarily invests in companies in the midstream/energy sector consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy companies.

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