Short Interest in Horizon Expedition Plus ETF (NYSEARCA:HBTA) Expands By 265.7%

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 40,584 shares, a growth of 265.7% from the July 15th total of 11,098 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 166,693 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC bought a new position in Horizon Expedition Plus ETF during the second quarter worth about $3,187,000. Ascentis Independent Advisors acquired a new stake in shares of Horizon Expedition Plus ETF during the 1st quarter worth $2,164,000. Cetera Investment Advisers raised its stake in 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 purchasing an additional 60,989 shares in the last quarter. 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. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings 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 acquiring an additional 28,436 shares during the period.

Horizon Expedition Plus ETF Trading Up 0.2%

HBTA opened at $33.07 on Friday. The stock’s fifty day simple moving average is $32.07 and its 200 day simple moving average is $30.47. Horizon Expedition Plus ETF has a 1-year low of $25.52 and a 1-year high of $33.30. The stock has a market cap of $261.25 million, a PE ratio of 29.06 and a beta of 1.54.

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.