First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Up 640.4% in January

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 844 shares, an increase of 640.4% from the January 15th total of 114 shares. Based on an average daily volume of 1,795 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 1,795 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On First Trust Horizon Managed Volatility Developed International ETF

A number of hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new position in First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter valued at about $83,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter valued at approximately $200,000. Fountainhead AM LLC bought a new position in shares of First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter valued at approximately $238,000. Lido Advisors LLC purchased a new stake in First Trust Horizon Managed Volatility Developed International ETF during the 4th quarter valued at $248,000. Finally, Gladstone Institutional Advisory LLC purchased a new stake in First Trust Horizon Managed Volatility Developed International ETF in the third quarter worth $278,000.

First Trust Horizon Managed Volatility Developed International ETF Trading Up 0.2%

Shares of NYSEARCA:HDMV traded up $0.08 during trading on Wednesday, reaching $38.33. The company had a trading volume of 253 shares, compared to its average volume of 7,870. The stock has a market capitalization of $17.25 million, a P/E ratio of 16.77 and a beta of 0.51. The company has a fifty day moving average of $35.86 and a two-hundred day moving average of $35.38. First Trust Horizon Managed Volatility Developed International ETF has a 12 month low of $29.93 and a 12 month high of $38.42.

About First Trust Horizon Managed Volatility Developed International ETF

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.