KKR & Co. L.P. June 15th Short Interest Update

KKR & Co. L.P. (NYSE:KKR) stated gains of 81,006 shares or 0.9% in the short interest. The short interest registered from 9,178,125 on May 31,2016 to 9,259,131 on June 15,2016. In terms of floated shares, the shorted positions stood at 2.2%. The stock has been averaging 2,520,831 shares daily in trading and would need 4 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

KKR & Co. L.P. (NYSE:KKR): The stock opened at $12.45 on Friday but the bulls could not build on the opening and the stock topped out at $12.91 for the day. The stock traded down to $12.35 during the day, due to lack of any buying support eventually closed down at $12.42 with a loss of -6.26% for the day. The stock had closed at $13.25 on the previous day. The total traded volume was 4,347,354 shares.

The company shares have dropped -45.50% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $24.79 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $13.17 and the 200 Day Moving Average price is recorded at $13.80.

KKR & Co. L.P. (NYSE:KKR) has tumbled 0.32% during the past week and has dropped 8.14% in the last 4 week period. The company has outperformed the S&P 500 by 1.33% in the past week but underperformed the index by 5.36% in the last 4 weeks.

KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Companys business offers a range of investment management services to its fund investors and provides capital markets services to its firm, its portfolio companies and third parties. The Company operates through three segments: Private Markets, Public Markets, Capital Markets and Other, and Client & Partner Group. Through Private Markets segment, the Company manages and sponsors a group of private equity funds and co-investment vehicles that invest capital for long-term appreciation, either through controlling ownership of a company or strategic minority positions. The Company operates its combined credit and hedge funds businesses through the Public Markets segment. The Capital Markets and Other segment consist primarily of KKRs global capital markets business.

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