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 during the month of June. As of June 15th, there was short interest totaling 7,715 shares, a drop of 97.4% from the May 31st total of 297,678 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 359,933 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Horizon Kinetics Inflation Beneficiaries ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriflex Group Inc. raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 306.1% during the 3rd quarter. Ameriflex Group Inc. now owns 4,906 shares of the company’s stock valued at $219,000 after acquiring an additional 3,698 shares during the last quarter. Principia Wealth Advisory LLC grew its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 5.1% during the 4th quarter. Principia Wealth Advisory LLC now owns 9,655 shares of the company’s stock worth $429,000 after buying an additional 465 shares during the period. NewEdge Advisors LLC grew its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 9.4% during the 2nd quarter. NewEdge Advisors LLC now owns 12,009 shares of the company’s stock worth $506,000 after buying an additional 1,028 shares during the period. Copia Wealth Management increased its stake 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 acquiring an additional 217 shares during the last quarter. Finally, Waterloo Capital L.P. raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 1.9% in the 4th quarter. Waterloo Capital L.P. now owns 100,041 shares of the company’s stock valued at $4,448,000 after acquiring an additional 1,845 shares during the period.

Horizon Kinetics Inflation Beneficiaries ETF Stock Up 0.2%

INFL stock traded up $0.10 during midday trading on Thursday, reaching $48.32. The stock had a trading volume of 380,227 shares, compared to its average volume of 317,357. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of -2,094.68 and a beta of 0.68. Horizon Kinetics Inflation Beneficiaries ETF has a twelve month low of $40.94 and a twelve month high of $55.17. The business has a fifty day simple moving average of $52.06 and a two-hundred day simple moving average of $50.40.

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.