KKR Income Opportunities Fund (NYSE:KIO) Short Interest Update

KKR Income Opportunities Fund (NYSE:KIO) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 119,058 shares, an increase of 84.5% from the November 30th total of 64,542 shares. Based on an average daily volume of 287,036 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 287,036 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Polar Asset Management Partners Inc. raised its position in shares of KKR Income Opportunities Fund by 1.9% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 424,203 shares of the investment management company’s stock valued at $5,345,000 after acquiring an additional 8,052 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of KKR Income Opportunities Fund by 4.7% in the 3rd quarter. NewEdge Advisors LLC now owns 49,756 shares of the investment management company’s stock worth $627,000 after buying an additional 2,239 shares during the last quarter. Verity Asset Management Inc. boosted its holdings in shares of KKR Income Opportunities Fund by 29.3% in the 3rd quarter. Verity Asset Management Inc. now owns 15,436 shares of the investment management company’s stock valued at $194,000 after buying an additional 3,499 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of KKR Income Opportunities Fund by 22.0% in the 3rd quarter. Raymond James Financial Inc. now owns 131,936 shares of the investment management company’s stock valued at $1,662,000 after buying an additional 23,812 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of KKR Income Opportunities Fund during the 3rd quarter valued at about $203,000.

KKR Income Opportunities Fund Stock Up 0.5%

KIO opened at $11.68 on Friday. The firm’s fifty day moving average price is $11.75 and its 200 day moving average price is $12.24. KKR Income Opportunities Fund has a 12-month low of $10.69 and a 12-month high of $13.67.

About KKR Income Opportunities Fund

KKR Income Opportunities Fund (NYSE: KIO) is a diversified, closed-end management investment company that seeks to provide attractive current income and capital appreciation by investing primarily in corporate credit instruments. Managed by KKR Income Opportunities Advisors, LLC, the fund leverages the global credit platform of KKR & Co Inc, deploying capital across a broad spectrum of debt securities—including broadly syndicated loans, high-yield bonds, convertible bonds, private credit, and other credit-related instruments.

Since its initial public offering in June 2018, the fund has pursued a flexible, research-driven strategy designed to capture opportunities across credit markets.