Horizon Expedition Plus ETF (NYSEARCA:HBTA) Shares Shorted: Short Interest Down 85.3% in October

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,674 shares, a decrease of 85.3% from the September 30th total of 18,178 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 47,768 shares, the short-interest ratio is presently 0.1 days.

Horizon Expedition Plus ETF Stock Up 0.6%

Shares of HBTA stock traded up $0.20 during trading on Wednesday, reaching $32.33. 18,485 shares of the company’s stock were exchanged, compared to its average volume of 50,002. The stock has a market capitalization of $250.23 million, a PE ratio of 29.06 and a beta of 1.50. Horizon Expedition Plus ETF has a twelve month low of $25.52 and a twelve month high of $33.91. The firm’s fifty day moving average price is $32.44 and its 200-day moving average price is $30.92.

Hedge Funds Weigh In On Horizon Expedition Plus ETF

Several institutional investors and hedge funds have recently modified their holdings of HBTA. Optivise Advisory Services LLC bought a new stake in shares of Horizon Expedition Plus ETF during the 3rd quarter worth about $227,000. Envestnet Asset Management Inc. increased its holdings in shares of Horizon Expedition Plus ETF by 33.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,037,115 shares of the company’s stock worth $33,903,000 after purchasing an additional 257,230 shares during the period. Royal Bank of Canada raised its holdings in 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 acquiring an additional 974 shares in the last quarter. Cetera Investment Advisers lifted its position in Horizon Expedition Plus ETF by 11.1% during the first 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 period. Finally, Bank of New York Mellon Corp increased its holdings in Horizon Expedition Plus ETF by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 1,566,831 shares of the company’s stock valued at $41,960,000 after buying an additional 29,376 shares during the period.

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.