Horizon Expedition Plus ETF (NYSEARCA:HBTA) Shares Shorted: Short Interest Down 65.0% in September

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

Horizon Expedition Plus ETF Stock Up 0.5%

HBTA traded up $0.17 during trading on Tuesday, reaching $32.94. The company’s stock had a trading volume of 12,816 shares, compared to its average volume of 51,828. The company has a market cap of $257.58 million, a price-to-earnings ratio of 29.06 and a beta of 1.53. The firm has a fifty day simple moving average of $32.09 and a two-hundred day simple 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.

Institutional Trading of Horizon Expedition Plus ETF

Several institutional investors and hedge funds have recently bought and sold shares of HBTA. Envestnet Asset Management Inc. increased its stake in 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. Royal Bank of Canada lifted its holdings in 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 buying an additional 974 shares in the last quarter. Cetera Investment Advisers boosted its position in Horizon Expedition Plus ETF by 11.1% in 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 period. Bank of New York Mellon Corp boosted its position in Horizon Expedition Plus ETF by 1.9% in 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 buying an additional 29,376 shares during the period. Finally, Ascentis Independent Advisors acquired a new position in shares of Horizon Expedition Plus ETF in the first quarter worth $2,164,000.

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.