Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Short Interest Down 47.2% in July

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 41,738 shares, a decrease of 47.2% from the July 15th total of 79,053 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 90,251 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Horizon Kinetics Inflation Beneficiaries ETF

A number of hedge funds have recently made changes to their positions in INFL. Copia Wealth Management increased its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 1.4% in the fourth quarter. Copia Wealth Management now owns 15,803 shares of the company’s stock worth $703,000 after buying an additional 217 shares during the last quarter. Principia Wealth Advisory LLC boosted its stake in Horizon Kinetics Inflation Beneficiaries ETF by 5.1% during the 4th quarter. Principia Wealth Advisory LLC now owns 9,655 shares of the company’s stock valued at $429,000 after acquiring an additional 465 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 9.4% during the 2nd quarter. NewEdge Advisors LLC now owns 12,009 shares of the company’s stock worth $506,000 after acquiring an additional 1,028 shares in the last quarter. Waterloo Capital L.P. grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 1.9% during the 4th quarter. Waterloo Capital L.P. now owns 100,041 shares of the company’s stock worth $4,448,000 after acquiring an additional 1,845 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 1.2% in the 3rd quarter. Captrust Financial Advisors now owns 264,287 shares of the company’s stock worth $11,812,000 after purchasing an additional 3,042 shares during the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Trading Up 0.8%

NYSEARCA INFL traded up $0.40 during mid-day trading on Friday, reaching $52.76. 63,022 shares of the company’s stock traded hands, compared to its average volume of 274,678. Horizon Kinetics Inflation Beneficiaries ETF has a 1-year low of $41.77 and a 1-year high of $55.17. The company has a fifty day simple moving average of $50.59 and a 200-day simple moving average of $51.65. The company has a market cap of $1.55 billion, a price-to-earnings ratio of -2,287.15 and a beta of 0.69.

Horizon Kinetics Inflation Beneficiaries ETF Company Profile

The Horizon Kinetics Inflation Beneficiaries ETF (INFL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund seeking long-term capital growth in inflation-adjusted terms from companies expected to benefit, directly or indirectly, from inflation. INFL was launched on Jan 11, 2021 and is managed by Horizon Kinetics.