KKR & Co. L.P. (KKR) has 8,354,318 shares of shorts outstanding as on August 15, 2016, with 4 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 8,935,330 shares. The stock has a decent trading volume of 2,192,338 shares daily. The marginal decrease in the short positions is by -6.5%, which amounts to -581,012 shares. Short positions are 1.9% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
KKR & Co. L.P. (NYSE:KKR): The stock opened at $14.92 on Wednesday but the bulls could not build on the opening and the stock topped out at $15.04 for the day. The stock traded down to $14.78 during the day, due to lack of any buying support eventually closed down at $14.80 with a loss of -1.14% for the day. The stock had closed at $14.97 on the previous day. The total traded volume was 1,033,752 shares.
In a related news,The 0 of Kkr & Co. L.P., Scully Robert W sold 168,400 shares at $14.27 on August 2, 2016. The Insider selling transaction had a total value worth of $2,403,068. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.