Horizon Flexible Income ETF (BATS:FLXN) Shares Shorted: Short Interest Down 92.9% in October

Horizon Flexible Income ETF (BATS:FLXN) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 866 shares, a decrease of 92.9% from the September 30th total of 12,197 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 37,786 shares, the short-interest ratio is presently 0.0 days.

Horizon Flexible Income ETF Stock Up 0.2%

Shares of BATS FLXN traded up $0.06 during trading on Monday, reaching $24.16. 5,480 shares of the company traded hands, compared to its average volume of 14,288. The firm’s 50 day moving average price is $24.49. Horizon Flexible Income ETF has a 52-week low of $23.87 and a 52-week high of $26.09.

Horizon Flexible Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, September 28th. Stockholders of record on Friday, September 25th were paid a $0.19 dividend. This is an increase 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 dividend on an annualized basis and a dividend yield of 9.4%.

Institutional Trading of Horizon Flexible Income ETF

A hedge fund recently raised its position in Horizon Flexible Income ETF stock. Bank of New York Mellon Corp boosted its position in shares of Horizon Flexible Income ETF (BATS:FLXN) by 1.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,464,345 shares of the company’s stock after acquiring an additional 23,475 shares during the quarter. Bank of New York Mellon Corp owned 99.62% of Horizon Flexible Income ETF worth $36,871,000 at the end of the most recent reporting period.