Horizon Flexible Income ETF (BATS:FLXN) Shares Shorted: Short Interest Up 205.0% in September

Horizon Flexible Income ETF (BATS:FLXN) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 12,197 shares, a growth of 205.0% from the September 15th total of 3,999 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 9,118 shares, the short-interest ratio is currently 1.3 days.

Horizon Flexible Income ETF Stock Performance

Shares of Horizon Flexible Income ETF stock opened at $24.22 on Tuesday. Horizon Flexible Income ETF has a fifty-two week low of $23.87 and a fifty-two week high of $26.09. The business’s fifty day simple moving average is $24.63.

Horizon Flexible Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 28th. Stockholders of record on Friday, September 25th were given a $0.19 dividend. This is an increase from Horizon Flexible Income ETF’s previous monthly dividend of $0.1753. This represents a $2.28 dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend was Friday, September 25th.

Hedge Funds Weigh In On Horizon Flexible Income ETF

An institutional investor recently bought a new stake in Horizon Flexible Income ETF stock. Envestnet Asset Management Inc. purchased a new position in Horizon Flexible Income ETF (BATS:FLXN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 370,087 shares of the company’s stock, valued at approximately $9,216,000. Envestnet Asset Management Inc. owned about 25.18% of Horizon Flexible Income ETF at the end of the most recent quarter.