Horizon Flexible Income ETF (BATS:FLXN) Stock Short Interest Report for September

Horizon Flexible Income ETF (BATS:FLXN) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 12,197 shares, an increase of 205.0% from the September 15th total of 3,999 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average trading volume of 9,118 shares, the short-interest ratio is currently 1.3 days.

Horizon Flexible Income ETF Stock Down 0.3%

BATS:FLXN opened at $24.15 on Wednesday. Horizon Flexible Income ETF has a 1 year low of $23.87 and a 1 year high of $26.09. The firm has a 50-day simple moving average of $24.62.

Horizon Flexible Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 28th. Stockholders of record on Friday, September 25th were issued a dividend of $0.19 per share. This is a boost from Horizon Flexible Income ETF’s previous monthly dividend of $0.1753. The ex-dividend date was Friday, September 25th. This represents a $2.28 annualized dividend and a dividend yield of 9.4%.

Hedge Funds Weigh In On Horizon Flexible Income ETF

A hedge fund recently bought a new position in Horizon Flexible Income ETF stock. Envestnet Asset Management Inc. bought a new position in shares of Horizon Flexible Income ETF (BATS:FLXN) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 370,087 shares of the company’s stock, valued at approximately $9,216,000. Envestnet Asset Management Inc. owned 25.18% of Horizon Flexible Income ETF as of its most recent filing with the SEC.