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

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BENJ. Brookwood Investment Group LLC lifted its position in Horizon Landmark ETF by 30.3% during the fourth quarter. Brookwood Investment Group LLC now owns 5,581 shares of the company’s stock valued at $290,000 after acquiring an additional 1,299 shares during the last quarter. Royal Bank of Canada purchased a new position in Horizon Landmark ETF in the first quarter worth $89,000. Kestra Advisory Services LLC purchased a new position in Horizon Landmark ETF in the fourth quarter worth $121,000. Envestnet Portfolio Solutions Inc. grew its holdings in Horizon Landmark ETF by 9.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 28,739 shares of the company’s stock worth $1,491,000 after purchasing an additional 2,419 shares during the last quarter. Finally, Certior Financial Group LLC increased its position in shares of Horizon Landmark ETF by 7.9% during the fourth quarter. Certior Financial Group LLC now owns 34,727 shares of the company’s stock worth $1,802,000 after purchasing an additional 2,548 shares in the last quarter.

Horizon Landmark ETF Price Performance

BENJ opened at $52.87 on Friday. The firm has a market capitalization of $266.99 million, a PE ratio of 24.23 and a beta of 0.03. The business’s 50-day moving average is $52.69 and its two-hundred day moving average is $52.35. Horizon Landmark ETF has a 1 year low of $50.07 and a 1 year high of $52.91.

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.