Short Interest in Horizon Landmark ETF (NYSEARCA:BENJ) Drops By 34.6%

Horizon Landmark ETF (NYSEARCA:BENJ) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,256 shares, a drop of 34.6% from the July 30th total of 3,450 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 34,633 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Horizon Landmark ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada purchased a new stake in Horizon Landmark ETF in the first quarter worth about $89,000. Kestra Advisory Services LLC acquired a new stake in Horizon Landmark ETF during the 4th quarter worth about $121,000. Jane Street Group LLC acquired a new stake in shares of Horizon Landmark ETF during the fourth quarter worth about $220,000. OLD Mission Capital LLC purchased a new position in Horizon Landmark ETF during the 4th quarter worth approximately $279,000. Finally, Brookstone Capital Management purchased a new position in shares of Horizon Landmark ETF during the first quarter worth $307,000.

Horizon Landmark ETF Stock Performance

BENJ opened at $53.14 on Wednesday. The stock’s 50 day moving average price is $52.94 and its 200-day moving average price is $52.59. Horizon Landmark ETF has a one year low of $51.18 and a one year high of $53.15. The stock has a market cap of $271.55 million, a price-to-earnings ratio of 24.23 and a beta of 0.05.

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.