Short Interest in KKR Income Opportunities Fund (NYSE:KIO) Drops By 51.2%

Posted by Lisa Pomrenke on Mar 4th, 2025

KKR Income Opportunities Fund (NYSE:KIO – Get Free Report) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 878,400 shares, a drop of 51.2% from the January 31st total of 1,800,000 shares. Based on an average daily trading volume, of 196,200 shares, the short-interest ratio is currently 4.5 days.

KKR Income Opportunities Fund Trading Down 0.2 %

KIO traded down $0.03 on Monday, hitting $12.41. 388,600 shares of the stock traded hands, compared to its average volume of 257,223. The business has a fifty day moving average price of $13.00 and a two-hundred day moving average price of $13.71. KKR Income Opportunities Fund has a 52 week low of $12.38 and a 52 week high of $15.09.

KKR Income Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.1215 per share. This represents a $1.46 dividend on an annualized basis and a dividend yield of 11.75%. The ex-dividend date is Friday, March 14th.

Institutional Inflows and Outflows

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

About KKR Income Opportunities Fund

(Get Free Report)

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.