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

KKR Income Opportunities Fund (NYSE:KIO) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 498,600 shares, an increase of 16.0% from the May 31st total of 430,000 shares. Based on an average daily volume of 107,200 shares, the short-interest ratio is currently 4.7 days.

KKR Income Opportunities Fund Trading Up 0.6 %

Shares of KIO stock opened at $13.68 on Wednesday. The firm’s 50-day simple moving average is $13.47 and its 200-day simple moving average is $13.16. KKR Income Opportunities Fund has a 1-year low of $11.02 and a 1-year high of $13.77.

KKR Income Opportunities Fund Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a dividend of $0.1215 per share. The ex-dividend date is Friday, September 13th. This represents a yield of 10.8%.

Hedge Funds Weigh In On KKR Income Opportunities Fund

Hedge funds have recently made changes to their positions in the business. Capital Investment Advisors LLC grew its position in KKR Income Opportunities Fund by 0.8% in the fourth quarter. Capital Investment Advisors LLC now owns 180,096 shares of the investment management company’s stock valued at $2,264,000 after acquiring an additional 1,494 shares in the last quarter. Verity Asset Management Inc. increased its stake in KKR Income Opportunities Fund by 8.2% during the 3rd quarter. Verity Asset Management Inc. now owns 19,831 shares of the investment management company’s stock worth $237,000 after buying an additional 1,499 shares during the period. Joseph P. Lucia & Associates LLC lifted its holdings in KKR Income Opportunities Fund by 3.0% in the 1st quarter. Joseph P. Lucia & Associates LLC now owns 93,638 shares of the investment management company’s stock worth $1,268,000 after buying an additional 2,760 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in KKR Income Opportunities Fund by 4.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 104,321 shares of the investment management company’s stock valued at $1,413,000 after buying an additional 4,496 shares during the last quarter. Finally, PFG Investments LLC acquired a new stake in shares of KKR Income Opportunities Fund during the first quarter valued at about $154,000.

KKR Income Opportunities Fund Company Profile

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.