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

Horizon Flexible Income ETF (BATS:FLXN) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 7,270 shares, an increase of 101.6% from the June 30th total of 3,607 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 4,232 shares, the days-to-cover ratio is currently 1.7 days.

Horizon Flexible Income ETF Trading Down 0.5%

Shares of FLXN stock opened at $24.53 on Thursday. The firm has a 50 day moving average of $24.97. 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. Shareholders of record on Monday, July 27th were issued a dividend of $0.20 per share. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date was Monday, July 27th.

Hedge Funds Weigh In On Horizon Flexible Income ETF

An institutional investor recently raised its stake in Horizon Flexible Income ETF stock. Bank of New York Mellon Corp lifted its position in 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 as of its most recent filing with the Securities and Exchange Commission.