Horizon Landmark ETF (NYSEARCA:BENJ) Short Interest Up 131.3% in July

Horizon Landmark ETF (NYSEARCA:BENJ) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 6,947 shares, an increase of 131.3% from the June 30th total of 3,003 shares. Based on an average daily volume of 55,554 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Horizon Landmark ETF Stock Performance

Shares of NYSEARCA BENJ traded up $0.01 during midday trading on Thursday, hitting $52.95. 4,729 shares of the stock traded hands, compared to its average volume of 26,557. Horizon Landmark ETF has a one year low of $50.07 and a one year high of $52.96. The firm has a 50-day moving average of $52.75 and a two-hundred day moving average of $52.42. The firm has a market capitalization of $270.57 million, a P/E ratio of 24.23 and a beta of -0.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BENJ. IFS Group LLC purchased a new stake in shares of Horizon Landmark ETF during the 1st quarter valued at about $648,000. Royal Bank of Canada purchased a new stake in Horizon Landmark ETF during the first quarter valued at approximately $89,000. Cetera Investment Advisers boosted its holdings in shares of Horizon Landmark ETF by 5.9% in 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 period. Bank of New York Mellon Corp increased its position in shares of Horizon Landmark ETF by 6.1% during the 1st 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. Finally, Brookstone Capital Management purchased a new stake in Horizon Landmark ETF during the 1st quarter valued at $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.