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

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 40,584 shares, an increase of 265.7% from the July 15th total of 11,098 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 166,693 shares, the days-to-cover ratio is currently 0.2 days.

Horizon Expedition Plus ETF Stock Up 0.7%

NYSEARCA:HBTA opened at $32.66 on Thursday. The stock has a market capitalization of $258.01 million, a price-to-earnings ratio of 29.06 and a beta of 1.54. Horizon Expedition Plus ETF has a 52 week low of $25.52 and a 52 week high of $33.30. The firm has a 50 day moving average of $32.04 and a 200 day moving average of $30.42.

Institutional Trading of Horizon Expedition Plus ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in Horizon Expedition Plus ETF during the 1st quarter worth $611,000. Orion Porfolio Solutions LLC acquired a new position in Horizon Expedition Plus ETF during the 2nd quarter valued at about $3,187,000. Osaic Holdings Inc. purchased a new stake in Horizon Expedition Plus ETF in the second quarter valued at about $568,000. JPMorgan Chase & Co. purchased a new stake in Horizon Expedition Plus ETF in the third quarter valued at about $440,000. Finally, Ausdal Financial Partners Inc. purchased a new stake in Horizon Expedition Plus ETF in the third quarter valued at about $282,000.

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.