Horizon Expedition Plus ETF (NYSEARCA:HBTA) Short Interest Up 56.0% in August

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 16,076 shares, a growth of 56.0% from the August 15th total of 10,308 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 153,827 shares, the short-interest ratio is currently 0.1 days.

Horizon Expedition Plus ETF Trading Down 0.0%

NYSEARCA HBTA traded down $0.02 during mid-day trading on Friday, reaching $32.00. 3,804 shares of the company’s stock traded hands, compared to its average volume of 53,028. Horizon Expedition Plus ETF has a 1-year low of $25.52 and a 1-year high of $33.30. The company has a fifty day simple moving average of $31.98 and a 200-day simple moving average of $30.99. The company has a market cap of $256.00 million, a price-to-earnings ratio of 29.06 and a beta of 1.53.

Institutional Trading of Horizon Expedition Plus ETF

Hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its holdings in Horizon Expedition Plus ETF by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 1,566,831 shares of the company’s stock valued at $41,960,000 after acquiring an additional 29,376 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Horizon Expedition Plus ETF by 11.1% in the 1st quarter. Cetera Investment Advisers now owns 608,353 shares of the company’s stock worth $16,292,000 after purchasing an additional 60,989 shares during the last quarter. Ascentis Independent Advisors bought a new position in shares of Horizon Expedition Plus ETF during the first quarter worth about $2,164,000. Northwestern Mutual Wealth Management Co. grew its stake in Horizon Expedition Plus ETF by 81,245.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,471 shares of the company’s stock worth $825,000 after purchasing an additional 28,436 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in Horizon Expedition Plus ETF by 164.0% in the first quarter. Royal Bank of Canada now owns 1,568 shares of the company’s stock worth $42,000 after purchasing an additional 974 shares in the last quarter.

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.