Horizon Flexible Income ETF (BATS:FLXN) Short Interest Update

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

Horizon Flexible Income ETF Trading Up 0.2%

BATS:FLXN opened at $24.97 on Friday. The firm has a fifty day moving average of $24.92. Horizon Flexible Income ETF has a twelve month low of $24.53 and a twelve month high of $26.09.

Horizon Flexible Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 28th. Investors of record on Monday, July 27th were paid a $0.20 dividend. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date of this dividend was Monday, July 27th.

Institutional Inflows and Outflows

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