Short Interest in Horizon Expedition Plus ETF (NYSEARCA:HBTA) Rises By 207.0%

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 838 shares, a growth of 207.0% from the May 31st total of 273 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,652 shares, the short-interest ratio is currently 0.1 days.

Horizon Expedition Plus ETF Price Performance

Shares of HBTA stock traded down $0.15 during mid-day trading on Friday, hitting $31.62. The company had a trading volume of 15,584 shares, compared to its average volume of 41,698. Horizon Expedition Plus ETF has a 52-week low of $24.83 and a 52-week high of $33.30. The stock’s 50 day moving average price is $31.81 and its 200-day moving average price is $29.77. The company has a market capitalization of $142.29 million, a P/E ratio of 29.06 and a beta of 1.52.

Institutional Investors Weigh In On Horizon Expedition Plus ETF

Several large investors have recently added to or reduced their stakes in HBTA. Kestra Advisory Services LLC bought a new position in Horizon Expedition Plus ETF in the 4th quarter valued at $32,000. Royal Bank of Canada lifted its position in shares of 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 purchasing an additional 974 shares during the last quarter. HBW Advisory Services LLC purchased a new stake in shares of Horizon Expedition Plus ETF during the fourth quarter valued at $152,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Horizon Expedition Plus ETF during the third quarter valued at $282,000. Finally, JPMorgan Chase & Co. bought a new position in Horizon Expedition Plus ETF in the 3rd quarter worth about $440,000.

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.