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

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 13,548 shares, a decrease of 14.1% from the January 29th total of 15,769 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 8,191 shares, the short-interest ratio is presently 1.7 days. Based on an average daily volume of 8,191 shares, the short-interest ratio is presently 1.7 days. Approximately 0.7% of the shares of the company are short sold.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

Shares of NYSEARCA HUSV traded up $0.04 during midday trading on Wednesday, hitting $40.47. The company’s stock had a trading volume of 4,549 shares, compared to its average volume of 24,844. The firm has a market cap of $74.87 million, a P/E ratio of 24.59 and a beta of 0.65. First Trust Horizon Managed Volatility Domestic ETF has a 1-year low of $36.20 and a 1-year high of $40.76. The firm’s fifty day moving average price is $39.43 and its 200-day moving average price is $39.29.

Institutional Trading of First Trust Horizon Managed Volatility Domestic ETF

Hedge funds have recently bought and sold shares of the company. Intrepid Financial Planning Group LLC raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 110.8% during the second quarter. Intrepid Financial Planning Group LLC now owns 40,153 shares of the company’s stock valued at $1,603,000 after purchasing an additional 21,108 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 17.5% during the third quarter. Envestnet Asset Management Inc. now owns 175,907 shares of the company’s stock valued at $7,007,000 after acquiring an additional 26,175 shares during the period. Goldman Sachs Group Inc. bought a new stake in First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter worth approximately $396,000. Osaic Holdings Inc. lifted its position in First Trust Horizon Managed Volatility Domestic ETF by 44.4% in the fourth quarter. Osaic Holdings Inc. now owns 11,919 shares of the company’s stock worth $461,000 after purchasing an additional 3,667 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in First Trust Horizon Managed Volatility Domestic ETF by 7.0% during the 2nd quarter. Raymond James Financial Inc. now owns 15,116 shares of the company’s stock valued at $604,000 after purchasing an additional 991 shares in the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Company Profile

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.