Horizon Flexible Income ETF (BATS:FLXN) Sees Large Decrease in Short Interest

Horizon Flexible Income ETF (BATS:FLXN) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2,228 shares, a decrease of 69.4% from the July 15th total of 7,270 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 104,922 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Horizon Flexible Income ETF

An institutional investor recently raised its position in Horizon Flexible Income ETF stock. Bank of New York Mellon Corp increased its holdings in Horizon Flexible Income ETF (BATS:FLXN) by 1.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,464,345 shares of the company’s stock after buying an additional 23,475 shares during the period. Bank of New York Mellon Corp owned 99.62% of Horizon Flexible Income ETF worth $36,871,000 as of its most recent SEC filing.

Horizon Flexible Income ETF Stock Down 0.1%

Shares of FLXN opened at $24.95 on Friday. Horizon Flexible Income ETF has a fifty-two week low of $24.53 and a fifty-two week high of $26.09. The business has a 50-day moving average price of $24.93.

Horizon Flexible Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 28th. Stockholders of record on Monday, July 27th were paid a $0.20 dividend. The ex-dividend date was Monday, July 27th. This represents a c) annualized dividend and a dividend yield of 9.6%.