Horizon Landmark ETF (NYSEARCA:BENJ) Short Interest Down 50.3% in July

Horizon Landmark ETF (NYSEARCA:BENJ) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 3,450 shares, a decline of 50.3% from the July 15th total of 6,947 shares. Based on an average daily trading volume, of 114,231 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Horizon Landmark ETF

A number of hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp grew its position in shares of Horizon Landmark ETF by 6.1% in the first quarter. Bank of New York Mellon Corp now owns 1,143,443 shares of the company’s stock valued at $59,842,000 after purchasing an additional 65,730 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Horizon Landmark ETF by 5.9% during the 1st 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 last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Horizon Landmark ETF by 13.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 802,359 shares of the company’s stock worth $41,626,000 after purchasing an additional 92,796 shares during the last quarter. Orion Porfolio Solutions LLC bought a new stake in Horizon Landmark ETF during the 2nd quarter valued at approximately $6,255,000. Finally, Principal Securities Inc. boosted its stake in Horizon Landmark ETF by 19.2% during the 4th quarter. Principal Securities Inc. now owns 80,437 shares of the company’s stock valued at $4,173,000 after purchasing an additional 12,963 shares during the period.

Horizon Landmark ETF Price Performance

Shares of NYSEARCA BENJ traded up $0.08 during trading hours on Friday, hitting $53.12. 90,248 shares of the stock were exchanged, compared to its average volume of 34,614. Horizon Landmark ETF has a one year low of $51.08 and a one year high of $53.12. The company’s 50 day moving average is $52.85 and its 200 day moving average is $52.51. The firm has a market capitalization of $271.44 million, a P/E ratio of 24.23 and a beta of 0.04.

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.