Horizon Expedition Plus ETF (NYSEARCA:HBTA) Short Interest Up 265.7% in July

Horizon Expedition Plus ETF (NYSEARCA:HBTA) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 40,584 shares, a growth of 265.7% from the July 15th total of 11,098 shares. Based on an average daily trading volume, of 166,693 shares, the short-interest ratio is currently 0.2 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in HBTA. Bank of New York Mellon Corp grew its holdings in shares of 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 purchasing an additional 29,376 shares during the last quarter. Cetera Investment Advisers boosted its position in Horizon Expedition Plus ETF by 11.1% in the first 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 in the last quarter. Orion Porfolio Solutions LLC acquired a new stake in Horizon Expedition Plus ETF in the second quarter valued at approximately $3,187,000. Ascentis Independent Advisors acquired a new stake in Horizon Expedition Plus ETF in the first quarter valued at approximately $2,164,000. Finally, Principal Securities Inc. grew its stake in shares of Horizon Expedition Plus ETF by 5.0% during 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 last quarter.

Horizon Expedition Plus ETF Price Performance

Shares of HBTA stock traded up $0.05 on Friday, hitting $33.07. 31,618 shares of the company’s stock were exchanged, compared to its average volume of 48,905. The company has a 50 day moving average of $32.04 and a 200 day moving average of $30.45. The stock has a market cap of $261.25 million, a P/E ratio of 29.06 and a beta of 1.54. Horizon Expedition Plus ETF has a 12 month low of $25.52 and a 12 month high of $33.30.

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.