Short Interest in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Grows By 156.3%

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 116,654 shares, a growth of 156.3% from the February 12th total of 45,519 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 271,801 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 271,801 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Trading of Horizon Kinetics Inflation Beneficiaries ETF

Large investors have recently made changes to their positions in the company. Copia Wealth Management grew its stake in Horizon Kinetics Inflation Beneficiaries ETF by 1.4% during the 4th 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. IFP Advisors Inc boosted its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 0.3% in the third quarter. IFP Advisors Inc now owns 110,823 shares of the company’s stock valued at $4,953,000 after acquiring an additional 375 shares during the period. Principia Wealth Advisory LLC boosted its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 5.1% in the fourth 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 period. NewEdge Advisors LLC grew its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 9.4% during the second quarter. NewEdge Advisors LLC now owns 12,009 shares of the company’s stock worth $506,000 after acquiring an additional 1,028 shares during the last quarter. Finally, Waterloo Capital L.P. grew its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 1.9% during the fourth 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 during the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Stock Down 1.3%

INFL traded down $0.70 on Friday, reaching $52.17. The company had a trading volume of 348,954 shares, compared to its average volume of 338,483. Horizon Kinetics Inflation Beneficiaries ETF has a 1 year low of $35.08 and a 1 year high of $55.17. The stock has a market capitalization of $1.56 billion, a PE ratio of -2,261.57 and a beta of 0.79. The stock has a 50-day moving average price of $50.31 and a 200-day moving average price of $46.18.

Horizon Kinetics Inflation Beneficiaries ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a $0.102 dividend. This represents a $0.41 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, December 23rd. This is an increase from Horizon Kinetics Inflation Beneficiaries ETF’s previous quarterly dividend of $0.10. Horizon Kinetics Inflation Beneficiaries ETF’s dividend payout ratio (DPR) is presently -2,427.61%.

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.