Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Short Interest Update

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 82,089 shares, a growth of 574.1% from the November 30th total of 12,178 shares. Based on an average daily volume of 74,681 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 74,681 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in INFL. Janney Montgomery Scott LLC lifted its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 10.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 279,661 shares of the company’s stock valued at $11,793,000 after buying an additional 26,550 shares during the period. Copia Wealth Management increased its position in Horizon Kinetics Inflation Beneficiaries ETF by 55.3% during the second quarter. Copia Wealth Management now owns 12,469 shares of the company’s stock valued at $526,000 after acquiring an additional 4,441 shares during the last quarter. Waterloo Capital L.P. bought a new position in Horizon Kinetics Inflation Beneficiaries ETF in the second quarter valued at about $4,023,000. Leavell Investment Management Inc. bought a new position in Horizon Kinetics Inflation Beneficiaries ETF in the second quarter valued at about $1,438,000. Finally, Baird Financial Group Inc. boosted its position in Horizon Kinetics Inflation Beneficiaries ETF by 50.9% in the first quarter. Baird Financial Group Inc. now owns 124,625 shares of the company’s stock worth $5,066,000 after purchasing an additional 42,058 shares during the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

Shares of Horizon Kinetics Inflation Beneficiaries ETF stock traded up $0.06 during trading on Wednesday, hitting $44.95. 39,150 shares of the company’s stock traded hands, compared to its average volume of 127,318. Horizon Kinetics Inflation Beneficiaries ETF has a 1 year low of $35.08 and a 1 year high of $45.78. The business has a 50-day simple moving average of $44.00 and a 200-day simple moving average of $43.19. The stock has a market capitalization of $1.33 billion, a P/E ratio of -1,948.59 and a beta of 0.79.

Horizon Kinetics Inflation Beneficiaries ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd will be issued a dividend of $0.102 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 23rd. This is a boost from Horizon Kinetics Inflation Beneficiaries ETF’s previous quarterly dividend of $0.10. Horizon Kinetics Inflation Beneficiaries ETF’s payout ratio is -2,904.46%.

Horizon Kinetics Inflation Beneficiaries ETF Company Profile

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.