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

KKR Income Opportunities Fund (NYSE:KIO) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 77,500 shares, a decline of 91.2% from the February 13th total of 878,400 shares. Based on an average daily volume of 222,500 shares, the short-interest ratio is currently 0.3 days.

KKR Income Opportunities Fund Stock Performance

NYSE:KIO traded down $0.03 during trading hours on Thursday, reaching $12.27. The company’s stock had a trading volume of 78,374 shares, compared to its average volume of 152,167. The stock has a 50 day moving average price of $12.85 and a two-hundred day moving average price of $13.61. KKR Income Opportunities Fund has a 12 month low of $12.21 and a 12 month high of $15.09.

KKR Income Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.1215 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 11.89%.

Institutional Trading of KKR Income Opportunities Fund

Institutional investors have recently made changes to their positions in the company. Naviter Wealth LLC acquired a new stake in KKR Income Opportunities Fund during the 4th quarter worth $139,000. Creative Planning purchased a new position in KKR Income Opportunities Fund in the 3rd quarter worth approximately $182,000. Plotkin Financial Advisors LLC acquired a new position in shares of KKR Income Opportunities Fund during the 3rd quarter worth approximately $191,000. Rik Saylor Financial Inc. acquired a new stake in shares of KKR Income Opportunities Fund in the fourth quarter valued at approximately $202,000. Finally, Apollon Wealth Management LLC purchased a new position in KKR Income Opportunities Fund during the fourth quarter worth approximately $215,000.

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.