Short Interest in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Declines By 47.2%

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 41,738 shares, a decline of 47.2% from the July 15th total of 79,053 shares. Based on an average daily volume of 90,251 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Horizon Kinetics Inflation Beneficiaries ETF

Several hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its stake in Horizon Kinetics Inflation Beneficiaries ETF by 9.7% during the first quarter. Bank of New York Mellon Corp now owns 433,834 shares of the company’s stock valued at $22,585,000 after acquiring an additional 38,447 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Horizon Kinetics Inflation Beneficiaries ETF by 4.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 303,553 shares of the company’s stock worth $13,496,000 after purchasing an additional 12,300 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 4.3% during the 4th quarter. Captrust Financial Advisors now owns 275,747 shares of the company’s stock valued at $12,260,000 after purchasing an additional 11,460 shares during the last quarter. Longview Financial Advisors Inc. boosted its holdings in shares of 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 valued at $9,340,000 after purchasing an additional 10,049 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 valued at $4,448,000 after purchasing an additional 1,845 shares in the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Stock Down 0.3%

INFL stock traded down $0.16 during midday trading on Tuesday, hitting $52.90. The company’s stock had a trading volume of 161,825 shares, compared to its average volume of 272,620. Horizon Kinetics Inflation Beneficiaries ETF has a 12 month low of $41.77 and a 12 month high of $55.17. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of -2,293.22 and a beta of 0.69. The company has a 50 day moving average of $50.64 and a two-hundred day moving average of $51.67.

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.