First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Stock Short Interest Report for September

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 422 shares, a growth of 174.0% from the September 15th total of 154 shares. Based on an average daily volume of 987 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of First Trust Horizon Managed Volatility Developed International ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Citadel Advisors LLC increased its holdings in shares of 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 valued at $1,367,000 after purchasing an additional 1,851 shares during the period. Independent Financial Group LLC bought a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the 1st quarter worth about $449,000. Finally, Ascentis Independent Advisors raised its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 119.5% in the first quarter. Ascentis Independent Advisors now owns 35,619 shares of the company’s stock valued at $1,311,000 after purchasing an additional 19,392 shares during the period.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

Shares of NYSEARCA:HDMV traded up $0.41 on Tuesday, reaching $36.26. 29 shares of the company traded hands, compared to its average volume of 1,886. First Trust Horizon Managed Volatility Developed International ETF has a fifty-two week low of $34.27 and a fifty-two week high of $39.53. The stock has a market capitalization of $14.50 million, a PE ratio of 16.77 and a beta of 0.45. The company’s 50 day moving average is $37.95 and its 200-day moving average is $37.74.

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.