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

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

Institutional Investors Weigh In On KKR Income Opportunities Fund

A number of institutional investors and hedge funds have recently bought and sold shares of KIO. Naviter Wealth LLC bought a new stake in shares of KKR Income Opportunities Fund during the 4th quarter worth $139,000. Creative Planning bought a new stake in KKR Income Opportunities Fund in the 3rd quarter worth approximately $182,000. Plotkin Financial Advisors LLC purchased a new stake in KKR Income Opportunities Fund in the third quarter worth approximately $191,000. Rik Saylor Financial Inc. purchased a new position in shares of KKR Income Opportunities Fund during the fourth quarter worth approximately $202,000. Finally, Apollon Wealth Management LLC bought a new stake in shares of KKR Income Opportunities Fund in the 4th quarter worth approximately $215,000.

KKR Income Opportunities Fund Price Performance

KKR Income Opportunities Fund stock traded up $0.07 during midday trading on Wednesday, hitting $12.28. 174,261 shares of the company’s stock were exchanged, compared to its average volume of 152,387. The stock has a 50-day moving average price of $12.87 and a two-hundred day moving average price of $13.61. KKR Income Opportunities Fund has a 52-week low of $12.21 and a 52-week high of $15.09.

KKR Income Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.1215 per share. This represents a $1.46 annualized dividend and a dividend yield of 11.87%. The ex-dividend date of this dividend is Friday, March 14th.

About KKR Income Opportunities Fund

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.