Short Interest in Horizon Expedition Plus ETF (NYSEARCA:HBTA) Grows By 56.0%

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

Horizon Expedition Plus ETF Price Performance

Shares of NYSEARCA HBTA opened at $32.25 on Friday. The business has a 50-day moving average of $31.96 and a 200-day moving average of $30.99. The stock has a market capitalization of $257.97 million, a price-to-earnings ratio of 29.06 and a beta of 1.53. Horizon Expedition Plus ETF has a fifty-two week low of $25.52 and a fifty-two week high of $33.30.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of Horizon Expedition Plus ETF by 81,245.7% during the 4th 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. Cetera Investment Advisers grew its stake in shares of Horizon Expedition Plus ETF by 11.1% in the first quarter. Cetera Investment Advisers now owns 608,353 shares of the company’s stock valued at $16,292,000 after buying an additional 60,989 shares in the last quarter. Ascentis Independent Advisors bought a new position in shares of Horizon Expedition Plus ETF in the first quarter valued at $2,164,000. Bank of New York Mellon Corp increased its holdings in Horizon Expedition Plus ETF by 1.9% during the first quarter. Bank of New York Mellon Corp now owns 1,566,831 shares of the company’s stock worth $41,960,000 after buying an additional 29,376 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in Horizon Expedition Plus ETF by 164.0% during the first quarter. Royal Bank of Canada now owns 1,568 shares of the company’s stock worth $42,000 after buying an additional 974 shares during 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.