First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Short Interest Update

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 17,335 shares, a decline of 28.8% from the December 31st total of 24,356 shares. Based on an average daily volume of 28,141 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.8% of the company’s stock are sold short. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 28,141 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of HUSV. J.W. Cole Advisors Inc. grew its holdings in First Trust Horizon Managed Volatility Domestic ETF by 1.9% during the third quarter. J.W. Cole Advisors Inc. now owns 15,985 shares of the company’s stock worth $637,000 after acquiring an additional 295 shares during the period. Raymond James Financial Inc. lifted its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 7.0% in the second quarter. Raymond James Financial Inc. now owns 15,116 shares of the company’s stock worth $604,000 after purchasing an additional 991 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 60.3% during the 2nd quarter. Osaic Holdings Inc. now owns 6,300 shares of the company’s stock worth $252,000 after buying an additional 2,370 shares in the last quarter. Orion Porfolio Solutions LLC bought a new position in First Trust Horizon Managed Volatility Domestic ETF during the 3rd quarter worth approximately $200,000. Finally, Capital Investment Advisory Services LLC bought a new position in shares of First Trust Horizon Managed Volatility Domestic ETF during the 4th quarter worth approximately $221,000.

First Trust Horizon Managed Volatility Domestic ETF Stock Up 0.4%

NYSEARCA HUSV traded up $0.17 during trading on Friday, hitting $39.40. The stock had a trading volume of 5,178 shares, compared to its average volume of 38,659. The company has a market capitalization of $88.65 million, a PE ratio of 24.59 and a beta of 0.65. First Trust Horizon Managed Volatility Domestic ETF has a twelve month low of $36.20 and a twelve month high of $40.57. The firm has a 50 day moving average price of $38.99 and a 200 day moving average price of $39.28.

About First Trust Horizon Managed Volatility Domestic ETF

The First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund that uses volatility forecasting to select and weight large-cap US stocks. HUSV was launched on Aug 24, 2016 and is managed by First Trust.