Horizon Expedition Plus ETF (NYSEARCA:HBTA) Short Interest Down 41.7% in May

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 273 shares, a decline of 41.7% from the May 14th total of 468 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 41,170 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Horizon Expedition Plus ETF

Large investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new stake in Horizon Expedition Plus ETF during the 4th quarter valued at about $32,000. Royal Bank of Canada lifted its holdings in shares of Horizon Expedition Plus ETF by 164.0% in the 1st quarter. Royal Bank of Canada now owns 1,568 shares of the company’s stock valued at $42,000 after buying an additional 974 shares during the period. HBW Advisory Services LLC acquired a new position in shares of Horizon Expedition Plus ETF in the 4th quarter valued at about $152,000. Ausdal Financial Partners Inc. acquired a new position in shares of Horizon Expedition Plus ETF in the 3rd quarter valued at about $282,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Horizon Expedition Plus ETF in the 3rd quarter valued at about $440,000.

Horizon Expedition Plus ETF Stock Performance

Horizon Expedition Plus ETF stock opened at $32.04 on Friday. The business’s 50-day simple moving average is $31.00 and its two-hundred day simple moving average is $29.53. The company has a market cap of $144.18 million, a PE ratio of 29.06 and a beta of 1.52. Horizon Expedition Plus ETF has a fifty-two week low of $24.00 and a fifty-two week high of $33.30.

About Horizon Expedition Plus ETF

The Horizon Expedition Plus ETF (HBTA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies combined with an options strategy with the aim of providing overall total return. The fund pursues strategic portfolio allocation, along with active security selection. HBTA was launched on Jan 22, 2025 and is issued by Horizon Kinetics.