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

Horizon Flexible Income ETF (BATS:FLXN) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,228 shares, a decline of 69.4% from the July 15th total of 7,270 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 104,922 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Horizon Flexible Income ETF

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

Horizon Flexible Income ETF Trading Up 0.2%

FLXN opened at $24.97 on Friday. The business has a 50 day simple moving average of $24.92. Horizon Flexible Income ETF has a 12-month low of $24.53 and a 12-month high of $26.09.

Horizon Flexible Income ETF Cuts Dividend

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