Short Interest in Horizon Expedition Plus ETF (NYSEARCA:HBTA) Drops By 74.6%

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 10,308 shares, a decline of 74.6% from the July 30th total of 40,584 shares. Based on an average daily volume of 23,188 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Horizon Expedition Plus ETF

Large investors have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new position in Horizon Expedition Plus ETF in the fourth quarter valued at approximately $32,000. Royal Bank of Canada raised its position 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 purchasing an additional 974 shares during the period. Ausdal Financial Partners Inc. acquired a new stake in shares of Horizon Expedition Plus ETF during the 3rd quarter worth approximately $282,000. JPMorgan Chase & Co. bought a new stake in shares of Horizon Expedition Plus ETF in the 3rd quarter worth approximately $440,000. Finally, Osaic Holdings Inc. bought a new stake in shares of Horizon Expedition Plus ETF in the 2nd quarter worth approximately $568,000.

Horizon Expedition Plus ETF Stock Up 0.3%

Shares of NYSEARCA:HBTA traded up $0.11 on Thursday, reaching $32.34. 22,315 shares of the company’s stock were exchanged, compared to its average volume of 56,281. The business’s 50-day moving average is $32.11 and its two-hundred day moving average is $30.65. Horizon Expedition Plus ETF has a fifty-two week low of $25.52 and a fifty-two week high of $33.30. The firm has a market capitalization of $255.49 million, a price-to-earnings ratio of 29.06 and a beta of 1.54.

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.