Horizon Expedition Plus ETF (NYSEARCA:HBTA) Shares Shorted: Short Interest Down 85.3% in October

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 2,674 shares, a decline of 85.3% from the September 30th total of 18,178 shares. Based on an average trading volume of 47,768 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Horizon Expedition Plus ETF

Several institutional investors and hedge funds have recently modified their holdings of HBTA. Optivise Advisory Services LLC bought a new stake in Horizon Expedition Plus ETF during the third quarter valued at about $227,000. Envestnet Asset Management Inc. lifted its position in shares of Horizon Expedition Plus ETF by 33.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,037,115 shares of the company’s stock valued at $33,903,000 after buying an additional 257,230 shares in the last quarter. Royal Bank of Canada grew its stake 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 valued at $42,000 after acquiring an additional 974 shares during the period. Cetera Investment Advisers increased its holdings 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 worth $16,292,000 after acquiring an additional 60,989 shares in the last quarter. Finally, Bank of New York Mellon Corp raised 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 worth $41,960,000 after acquiring an additional 29,376 shares during the period.

Horizon Expedition Plus ETF Stock Down 1.8%

Shares of NYSEARCA:HBTA traded down $0.59 during midday trading on Thursday, hitting $31.74. 19,614 shares of the stock traded hands, compared to its average volume of 49,845. The business’s 50 day moving average is $32.44 and its two-hundred day moving average is $30.92. The stock has a market capitalization of $245.68 million, a PE ratio of 29.06 and a beta of 1.50. Horizon Expedition Plus ETF has a one year low of $25.52 and a one year high of $33.91.

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.