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

Horizon Landmark ETF (NYSEARCA:BENJ) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,317 shares, a drop of 87.5% from the April 30th total of 18,518 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 9,662 shares, the short-interest ratio is presently 0.2 days.

Horizon Landmark ETF Stock Performance

NYSEARCA BENJ traded up $0.02 during trading on Friday, hitting $52.63. The stock had a trading volume of 389,213 shares, compared to its average volume of 27,798. The stock has a market capitalization of $212.63 million, a price-to-earnings ratio of 24.23 and a beta of 0.03. Horizon Landmark ETF has a one year low of $50.07 and a one year high of $52.64. The stock has a 50 day simple moving average of $52.43 and a 200 day simple moving average of $52.10.

Institutional Trading of Horizon Landmark ETF

Several institutional investors have recently added to or reduced their stakes in the company. Brookwood Investment Group LLC lifted its stake in Horizon Landmark ETF by 30.3% in the fourth quarter. Brookwood Investment Group LLC now owns 5,581 shares of the company’s stock worth $290,000 after purchasing an additional 1,299 shares during the last quarter. Royal Bank of Canada bought a new stake in Horizon Landmark ETF in the first quarter worth about $89,000. Kestra Advisory Services LLC bought a new stake in Horizon Landmark ETF in the fourth quarter worth about $121,000. Envestnet Portfolio Solutions Inc. lifted its stake 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 lifted its stake in Horizon Landmark ETF by 7.9% in 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 during the last quarter.

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.