Horizon Expedition Plus ETF (NYSEARCA:HBTA) Short Interest Down 41.7% in May

Horizon Expedition Plus ETF (NYSEARCA:HBTA) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 273 shares, a decline of 41.7% from the May 14th total of 468 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 41,170 shares, the short-interest ratio is currently 0.0 days.

Horizon Expedition Plus ETF Price Performance

Shares of Horizon Expedition Plus ETF stock opened at $32.04 on Friday. Horizon Expedition Plus ETF has a one year low of $24.00 and a one year high of $33.30. The business’s 50 day simple moving average is $31.00 and its two-hundred day simple moving average is $29.53. The stock has a market capitalization of $144.18 million, a P/E ratio of 29.06 and a beta of 1.52.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada increased its holdings in shares of Horizon Expedition Plus ETF by 164.0% in 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. Kestra Advisory Services LLC purchased a new position in shares of Horizon Expedition Plus ETF in the 4th quarter valued at $32,000. Principal Securities Inc. increased its holdings in shares of Horizon Expedition Plus ETF by 5.0% in the 4th quarter. Principal Securities Inc. now owns 55,979 shares of the company’s stock valued at $1,622,000 after acquiring an additional 2,686 shares during the period. HBW Advisory Services LLC acquired a new stake in shares of Horizon Expedition Plus ETF in the 4th quarter worth $152,000. Finally, Ausdal Financial Partners Inc. purchased a new position in Horizon Expedition Plus ETF during the 3rd quarter worth $282,000.

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.