Horizon Expedition Plus ETF (NYSEARCA:HBTA) Short Interest Up 876.1% in June

Horizon Expedition Plus ETF (NYSEARCA:HBTA) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,180 shares, an increase of 876.1% from the June 15th total of 838 shares. Based on an average daily trading volume, of 262,524 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Horizon Expedition Plus ETF Stock Performance

NYSEARCA HBTA opened at $32.87 on Monday. Horizon Expedition Plus ETF has a one year low of $25.52 and a one year high of $33.30. The company has a 50-day simple moving average of $32.26 and a 200-day simple moving average of $30.02. The firm has a market capitalization of $307.66 million, a PE ratio of 29.06 and a beta of 1.52.

Hedge Funds Weigh In On Horizon Expedition Plus ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew 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 valued at $41,960,000 after purchasing an additional 29,376 shares during the last quarter. Cetera Investment Advisers boosted its position in 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 purchasing an additional 60,989 shares during the period. Orion Porfolio Solutions LLC bought a new position in Horizon Expedition Plus ETF during the 2nd quarter worth $3,187,000. Ascentis Independent Advisors bought a new position in Horizon Expedition Plus ETF during the 1st quarter worth $2,164,000. Finally, Principal Securities Inc. increased its position in Horizon Expedition Plus ETF by 5.0% in the fourth quarter. Principal Securities Inc. now owns 55,979 shares of the company’s stock worth $1,622,000 after buying an additional 2,686 shares during the period.

About Horizon Expedition Plus ETF

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.