Horizon Landmark ETF (NYSEARCA:BENJ) Shares Shorted: Short Interest Down 35.4% in October

Horizon Landmark ETF (NYSEARCA:BENJ) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 9,888 shares, a decline of 35.4% from the September 30th total of 15,309 shares. Based on an average trading volume of 17,479 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.

Horizon Landmark ETF Price Performance

Shares of Horizon Landmark ETF stock opened at $53.47 on Monday. The firm has a 50 day simple moving average of $53.27 and a 200 day simple moving average of $52.68. Horizon Landmark ETF has a fifty-two week low of $51.52 and a fifty-two week high of $53.48. The firm has a market cap of $359.32 million, a P/E ratio of 24.23 and a beta of -0.04.

Hedge Funds Weigh In On Horizon Landmark ETF

Several institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in Horizon Landmark ETF by 29.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,418,096 shares of the company’s stock valued at $74,805,000 after purchasing an additional 320,648 shares during the period. Bank of New York Mellon Corp lifted its holdings in Horizon Landmark ETF by 6.1% during the first quarter. Bank of New York Mellon Corp now owns 1,143,443 shares of the company’s stock worth $59,842,000 after acquiring an additional 65,730 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Horizon Landmark ETF by 5.9% during the first quarter. Cetera Investment Advisers now owns 893,022 shares of the company’s stock worth $46,736,000 after acquiring an additional 49,956 shares in the last quarter. IFS Group LLC bought a new stake in shares of Horizon Landmark ETF in the first quarter worth about $648,000. Finally, Brookstone Capital Management acquired a new stake in shares of Horizon Landmark ETF during the third quarter worth about $303,000.

Horizon Landmark ETF Company Profile

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.