Horizon Expedition Plus ETF (NYSEARCA:HBTA) Short Interest Up 56.0% in August

Horizon Expedition Plus ETF (NYSEARCA:HBTA) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 16,076 shares, a growth of 56.0% from the August 15th total of 10,308 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 153,827 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HBTA. Royal Bank of Canada raised 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 purchasing an additional 974 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Horizon Expedition Plus ETF by 81,245.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,471 shares of the company’s stock valued at $825,000 after buying an additional 28,436 shares during the period. Bank of New York Mellon Corp increased 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 acquiring an additional 29,376 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Horizon Expedition Plus ETF by 11.1% during 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 during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in Horizon Expedition Plus ETF during the 1st quarter valued at about $2,164,000.

Horizon Expedition Plus ETF Stock Up 2.0%

Shares of HBTA stock traded up $0.62 during trading hours on Thursday, reaching $32.02. The company’s stock had a trading volume of 17,980 shares, compared to its average volume of 53,306. Horizon Expedition Plus ETF has a fifty-two week low of $25.52 and a fifty-two week high of $33.30. The company has a market capitalization of $256.13 million, a price-to-earnings ratio of 29.06 and a beta of 1.53. The firm’s 50 day simple moving average is $31.99 and its 200-day simple moving average is $30.96.

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.