Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Stock Short Interest Report for September

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 16,039 shares, a decline of 81.7% from the September 15th total of 87,537 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 107,379 shares, the days-to-cover ratio is presently 0.1 days.

Horizon Kinetics Inflation Beneficiaries ETF Trading Up 0.4%

NYSEARCA INFL traded up $0.20 during trading hours on Monday, reaching $51.77. 125,222 shares of the company’s stock were exchanged, compared to its average volume of 248,278. The stock has a market cap of $1.57 billion, a PE ratio of -2,244.23 and a beta of 0.71. Horizon Kinetics Inflation Beneficiaries ETF has a one year low of $42.22 and a one year high of $56.28. The firm has a fifty day moving average of $53.20 and a 200-day moving average of $52.16.

Horizon Kinetics Inflation Beneficiaries ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Wednesday, September 23rd were paid a $0.0893 dividend. This is a decrease from Horizon Kinetics Inflation Beneficiaries ETF’s previous quarterly dividend of $0.13. This represents a $0.36 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 23rd. Horizon Kinetics Inflation Beneficiaries ETF’s payout ratio is presently -1,734.00%.

Institutional Trading of Horizon Kinetics Inflation Beneficiaries ETF

Several large investors have recently made changes to their positions in INFL. Principia Wealth Advisory LLC raised its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 4.1% in the second quarter. Principia Wealth Advisory LLC now owns 8,465 shares of the company’s stock valued at $422,000 after buying an additional 330 shares during the last quarter. NBH Bank bought a new stake in Horizon Kinetics Inflation Beneficiaries ETF during the 2nd quarter worth about $71,000. Longview Financial Advisors Inc. grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 5.7% during the 2nd quarter. Longview Financial Advisors Inc. now owns 187,257 shares of the company’s stock worth $9,340,000 after acquiring an additional 10,049 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 9.7% during the 1st quarter. Bank of New York Mellon Corp now owns 433,834 shares of the company’s stock worth $22,585,000 after acquiring an additional 38,447 shares during the last quarter.

About Horizon Kinetics Inflation Beneficiaries ETF

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.