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

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 45,519 shares, a drop of 21.0% from the January 29th total of 57,628 shares. Based on an average daily volume of 345,726 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 345,726 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in INFL. Copia Wealth Management increased its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 1.4% in the 4th quarter. Copia Wealth Management now owns 15,803 shares of the company’s stock valued at $703,000 after purchasing an additional 217 shares during the last quarter. IFP Advisors Inc increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 0.3% in the third quarter. IFP Advisors Inc now owns 110,823 shares of the company’s stock valued at $4,953,000 after buying an additional 375 shares during the last quarter. Principia Wealth Advisory LLC raised its stake in Horizon Kinetics Inflation Beneficiaries ETF by 5.1% in the fourth quarter. Principia Wealth Advisory LLC now owns 9,655 shares of the company’s stock valued at $429,000 after buying an additional 465 shares in the last quarter. NewEdge Advisors LLC raised its stake in Horizon Kinetics Inflation Beneficiaries ETF by 9.4% in the second quarter. NewEdge Advisors LLC now owns 12,009 shares of the company’s stock valued at $506,000 after buying an additional 1,028 shares in the last quarter. Finally, Waterloo Capital L.P. lifted its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 1.9% during the 4th quarter. Waterloo Capital L.P. now owns 100,041 shares of the company’s stock worth $4,448,000 after buying an additional 1,845 shares during the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Stock Up 0.7%

NYSEARCA:INFL opened at $54.49 on Monday. The company has a market cap of $1.63 billion, a price-to-earnings ratio of -2,362.15 and a beta of 0.79. Horizon Kinetics Inflation Beneficiaries ETF has a 52 week low of $35.08 and a 52 week high of $54.64. The company has a fifty day simple moving average of $48.61 and a two-hundred day simple moving average of $45.46.

Horizon Kinetics Inflation Beneficiaries ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.102 dividend. This represents a $0.41 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was 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 dividend payout ratio (DPR) is -2,427.61%.

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.