Horizon Landmark ETF (NYSEARCA:BENJ) Sees Large Decrease in Short Interest

Horizon Landmark ETF (NYSEARCA:BENJ) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 3,003 shares, a decrease of 38.3% from the June 15th total of 4,865 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 12,395 shares, the short-interest ratio is presently 0.2 days.

Horizon Landmark ETF Stock Performance

Shares of Horizon Landmark ETF stock opened at $52.88 on Friday. Horizon Landmark ETF has a one year low of $50.07 and a one year high of $52.91. The company has a market cap of $267.57 million, a price-to-earnings ratio of 24.23 and a beta of -0.03. The business’s 50 day moving average price is $52.69 and its 200 day moving average price is $52.36.

Institutional Trading of Horizon Landmark ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. IFS Group LLC acquired a new position in shares of Horizon Landmark ETF during the 1st quarter valued at about $648,000. Royal Bank of Canada acquired a new stake in Horizon Landmark ETF during the first quarter worth about $89,000. Cetera Investment Advisers raised its stake in Horizon Landmark ETF by 5.9% during the first quarter. Cetera Investment Advisers now owns 893,022 shares of the company’s stock worth $46,736,000 after purchasing an additional 49,956 shares during the period. Bank of New York Mellon Corp raised its stake in Horizon Landmark ETF by 6.1% during the first quarter. Bank of New York Mellon Corp now owns 1,143,443 shares of the company’s stock worth $59,842,000 after purchasing an additional 65,730 shares during the period. Finally, Brookstone Capital Management acquired a new position in Horizon Landmark ETF in the 1st quarter valued at about $307,000.

About Horizon Landmark ETF

The Horizon Landmark ETF (BENJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds ultra-short term US treasuries, combined with a variety of option strategies. The fund seeks to provide total return. BENJ was launched on Jan 22, 2025 and is issued by Horizon Kinetics.