First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Stock Short Interest Falls 44.8%

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 154 shares, a drop of 44.8% from the August 31st total of 279 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 526 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of First Trust Horizon Managed Volatility Developed International ETF

Institutional investors have recently added to or reduced their stakes in the business. Ascentis Independent Advisors lifted its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 119.5% during the first quarter. Ascentis Independent Advisors now owns 35,619 shares of the company’s stock worth $1,311,000 after purchasing an additional 19,392 shares in the last quarter. Citadel Advisors LLC boosted its holdings in First Trust Horizon Managed Volatility Developed International ETF by 5.3% in the 2nd quarter. Citadel Advisors LLC now owns 36,932 shares of the company’s stock worth $1,367,000 after acquiring an additional 1,851 shares during the period. Finally, Independent Financial Group LLC acquired a new stake in First Trust Horizon Managed Volatility Developed International ETF in the first quarter valued at approximately $449,000.

First Trust Horizon Managed Volatility Developed International ETF Stock Performance

Shares of NYSEARCA:HDMV traded down $0.28 during trading on Wednesday, reaching $36.05. 479 shares of the stock were exchanged, compared to its average volume of 1,954. The firm’s 50-day moving average price is $38.42 and its 200 day moving average price is $37.78. The firm has a market cap of $14.42 million, a price-to-earnings ratio of 16.77 and a beta of 0.45. First Trust Horizon Managed Volatility Developed International ETF has a 12-month low of $34.12 and a 12-month high of $39.53.

First Trust Horizon Managed Volatility Developed International ETF Company Profile

The First Trust Horizon Managed Volatility Developed International ETF (HDMV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility index. The fund is an actively-managed fund of low expected volatility mid and large-cap stocks from developed markets. HDMV was launched on Aug 24, 2016 and is managed by First Trust.