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

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 5,625 shares, a drop of 65.0% from the August 31st total of 16,076 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 17,913 shares, the short-interest ratio is presently 0.3 days.

Horizon Expedition Plus ETF Price Performance

NYSEARCA HBTA traded down $0.52 on Monday, reaching $32.77. The stock had a trading volume of 27,622 shares, compared to its average volume of 52,041. The firm has a fifty day moving average of $32.09 and a two-hundred day moving average of $31.20. Horizon Expedition Plus ETF has a 1-year low of $25.52 and a 1-year high of $33.32. The company has a market cap of $256.26 million, a P/E ratio of 29.06 and a beta of 1.53.

Hedge Funds Weigh In On Horizon Expedition Plus ETF

Several institutional investors and hedge funds have recently modified their holdings of HBTA. Northwestern Mutual Wealth Management Co. raised its stake in Horizon Expedition Plus ETF by 81,245.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,471 shares of the company’s stock worth $825,000 after purchasing an additional 28,436 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Horizon Expedition Plus ETF by 11.1% during the 1st quarter. Cetera Investment Advisers now owns 608,353 shares of the company’s stock worth $16,292,000 after purchasing an additional 60,989 shares in the last quarter. Ascentis Independent Advisors acquired a new position in shares of Horizon Expedition Plus ETF during the 1st quarter worth approximately $2,164,000. Bank of New York Mellon Corp increased its holdings in shares of Horizon Expedition Plus ETF by 1.9% during the first quarter. Bank of New York Mellon Corp now owns 1,566,831 shares of the company’s stock worth $41,960,000 after purchasing an additional 29,376 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Horizon Expedition Plus ETF by 33.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,037,115 shares of the company’s stock worth $33,903,000 after purchasing an additional 257,230 shares during the period.

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.