Horizon Expedition Plus ETF (NYSEARCA:HBTA) Short Interest Update

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 8,180 shares, a growth of 876.1% from the June 15th total of 838 shares. Based on an average daily volume of 262,524 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of HBTA. Orion Porfolio Solutions LLC bought a new position in Horizon Expedition Plus ETF in the 2nd quarter valued at about $3,187,000. Ascentis Independent Advisors bought a new stake in shares of Horizon Expedition Plus ETF during the first quarter worth approximately $2,164,000. Cetera Investment Advisers boosted its holdings in shares of 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 acquiring an additional 60,989 shares during the period. Bank of New York Mellon Corp grew its position in shares of Horizon Expedition Plus ETF by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 1,566,831 shares of the company’s stock valued at $41,960,000 after purchasing an additional 29,376 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Horizon Expedition Plus ETF by 81,245.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,471 shares of the company’s stock valued at $825,000 after purchasing an additional 28,436 shares during the last quarter.

Horizon Expedition Plus ETF Trading Down 0.1%

Shares of NYSEARCA:HBTA traded down $0.04 on Friday, hitting $32.87. The company had a trading volume of 28,717 shares, compared to its average volume of 40,667. 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 $307.66 million, a price-to-earnings ratio of 29.06 and a beta of 1.52. The stock has a 50 day moving average price of $32.26 and a 200 day moving average price of $30.02.

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.