Horizon Expedition Plus ETF (NYSEARCA:HBTA) Sees Large Decline in Short Interest

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the recipient 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. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 41,170 shares, the days-to-cover ratio is currently 0.0 days.

Horizon Expedition Plus ETF Trading Up 2.7%

Shares of NYSEARCA:HBTA traded up $0.86 during trading on Monday, hitting $32.90. 7,311 shares of the company were exchanged, compared to its average volume of 21,715. The stock has a market cap of $148.05 million, a price-to-earnings ratio of 29.06 and a beta of 1.52. Horizon Expedition Plus ETF has a fifty-two week low of $24.06 and a fifty-two week high of $33.30. The firm has a fifty day moving average price of $31.11 and a two-hundred day moving average price of $29.57.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in shares of Horizon Expedition Plus ETF during the 4th quarter worth approximately $32,000. Royal Bank of Canada increased its holdings in shares of Horizon Expedition Plus ETF by 164.0% during the 1st quarter. Royal Bank of Canada now owns 1,568 shares of the company’s stock worth $42,000 after acquiring an additional 974 shares during the last quarter. HBW Advisory Services LLC acquired a new position in shares of Horizon Expedition Plus ETF during the 4th quarter worth approximately $152,000. Ausdal Financial Partners Inc. acquired a new position in shares of Horizon Expedition Plus ETF during the 3rd quarter worth approximately $282,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Horizon Expedition Plus ETF during the 3rd quarter worth approximately $440,000.

Horizon Expedition Plus ETF Company Profile

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.