Horizon Expedition Plus ETF (NYSEARCA:HBTA) Sees Significant Decrease in Short Interest

Horizon Expedition Plus ETF (NYSEARCA:HBTA) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 273 shares, a decline of 41.7% from the May 14th total of 468 shares. Based on an average trading volume of 41,170 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Horizon Expedition Plus ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp grew its stake in Horizon Expedition Plus ETF by 1.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,566,831 shares of the company’s stock valued at $41,960,000 after acquiring an additional 29,376 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Horizon Expedition Plus ETF by 339.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 690,283 shares of the company’s stock valued at $19,514,000 after buying an additional 533,169 shares during the last quarter. Cetera Investment Advisers lifted its holdings 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 valued at $16,292,000 after buying an additional 60,989 shares during the last quarter. Orion Porfolio Solutions LLC acquired a new stake in shares of Horizon Expedition Plus ETF during the 2nd quarter valued at about $3,187,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of Horizon Expedition Plus ETF during the 1st quarter valued at about $2,164,000.

Horizon Expedition Plus ETF Trading Down 0.6%

NYSEARCA:HBTA traded down $0.21 on Tuesday, hitting $32.69. 10,046 shares of the company’s stock traded hands, compared to its average volume of 21,613. Horizon Expedition Plus ETF has a 1 year low of $24.06 and a 1 year high of $33.30. The firm has a 50-day moving average price of $31.11 and a 200-day moving average price of $29.57. The company has a market cap of $147.11 million, a PE ratio of 29.06 and a beta of 1.52.

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.