Horizon Expedition Plus ETF (NYSEARCA:HBTA) Short Interest Up 207.0% in June

Horizon Expedition Plus ETF (NYSEARCA:HBTA) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 838 shares, an increase of 207.0% from the May 31st total of 273 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 9,652 shares, the days-to-cover ratio is presently 0.1 days.

Horizon Expedition Plus ETF Stock Up 1.9%

NYSEARCA:HBTA traded up $0.61 on Monday, hitting $32.23. The stock had a trading volume of 13,658 shares, compared to its average volume of 41,468. The business’s 50-day simple moving average is $31.81 and its two-hundred day simple moving average is $29.77. The stock has a market cap of $145.03 million, a price-to-earnings ratio of 29.06 and a beta of 1.52. Horizon Expedition Plus ETF has a 52-week low of $24.83 and a 52-week high of $33.30.

Institutional Trading of Horizon Expedition Plus ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake 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. Kestra Advisory Services LLC bought a new position in Horizon Expedition Plus ETF in the 4th quarter worth $32,000. Principal Securities Inc. lifted its position in Horizon Expedition Plus ETF by 5.0% during the fourth quarter. Principal Securities Inc. now owns 55,979 shares of the company’s stock valued at $1,622,000 after purchasing an additional 2,686 shares in the last quarter. HBW Advisory Services LLC bought a new stake in Horizon Expedition Plus ETF during the fourth quarter valued at about $152,000. Finally, Ausdal Financial Partners Inc. purchased a new stake in Horizon Expedition Plus ETF in the third quarter worth 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.