Horizon Expedition Plus ETF (NYSEARCA:HBTA – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 6,237 shares, a growth of 133.2% from the October 15th total of 2,674 shares. Based on an average daily trading volume, of 18,139 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.
Horizon Expedition Plus ETF Stock Performance
Horizon Expedition Plus ETF stock opened at $30.11 on Friday. Horizon Expedition Plus ETF has a fifty-two week low of $25.52 and a fifty-two week high of $33.91. The stock’s 50 day simple moving average is $32.04 and its two-hundred day simple moving average is $30.98. The stock has a market cap of $232.45 million, a price-to-earnings ratio of 23.55 and a beta of 1.54.
Institutional Investors Weigh In On Horizon Expedition Plus ETF
Several hedge funds have recently made changes to their positions in the company. Optivise Advisory Services LLC bought a new position in Horizon Expedition Plus ETF in the third quarter worth $227,000. Envestnet Asset Management Inc. increased its stake in shares of Horizon Expedition Plus ETF by 33.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,037,115 shares of the company’s stock worth $33,903,000 after acquiring an additional 257,230 shares in the last quarter. Royal Bank of Canada lifted its position 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 valued at $42,000 after acquiring an additional 974 shares during the period. Cetera Investment Advisers lifted its position in Horizon Expedition Plus ETF by 11.1% during the 1st quarter. Cetera Investment Advisers now owns 608,353 shares of the company’s stock valued at $16,292,000 after acquiring an additional 60,989 shares during the period. Finally, Bank of New York Mellon Corp lifted its position 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 valued at $41,960,000 after acquiring an additional 29,376 shares during the period.
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.
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