Horizon Landmark ETF (NYSEARCA:BENJ) Short Interest Up 244.3% in April
by Teresa Graham · The Cerbat GemHorizon Landmark ETF (NYSEARCA:BENJ – Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 18,518 shares, an increase of 244.3% from the April 15th total of 5,379 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 14,302 shares, the days-to-cover ratio is presently 1.3 days.
Hedge Funds Weigh In On Horizon Landmark ETF
A number of institutional investors have recently modified their holdings of BENJ. Envestnet Asset Management Inc. increased its position in shares of Horizon Landmark ETF by 495.0% during the third quarter. Envestnet Asset Management Inc. now owns 889,772 shares of the company’s stock worth $45,699,000 after acquiring an additional 740,229 shares during the period. Bank of New York Mellon Corp increased its position in shares of Horizon Landmark ETF by 15.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,077,713 shares of the company’s stock worth $55,912,000 after acquiring an additional 144,454 shares during the period. Cetera Investment Advisers increased its position in shares of Horizon Landmark ETF by 17.6% during the fourth quarter. Cetera Investment Advisers now owns 843,066 shares of the company’s stock worth $43,738,000 after acquiring an additional 126,008 shares during the period. Orion Porfolio Solutions LLC purchased a new position in Horizon Landmark ETF during the second quarter valued at approximately $6,255,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Horizon Landmark ETF by 13.1% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 802,359 shares of the company’s stock valued at $41,626,000 after buying an additional 92,796 shares during the period.
Horizon Landmark ETF Price Performance
Shares of NYSEARCA:BENJ traded up $0.02 during trading on Friday, reaching $52.55. 5,347 shares of the company were exchanged, compared to its average volume of 24,839. The firm has a market capitalization of $212.30 million, a PE ratio of 24.23 and a beta of 0.03. The business’s fifty day simple moving average is $52.36 and its 200-day simple moving average is $52.03. Horizon Landmark ETF has a 12-month low of $50.07 and a 12-month high of $52.56.
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.