First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Short Interest Up 28.1% in December

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 24,356 shares, a growth of 28.1% from the December 15th total of 19,017 shares. Based on an average daily trading volume, of 8,007 shares, the short-interest ratio is presently 3.0 days. Approximately 1.0% of the company’s stock are short sold. Approximately 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 8,007 shares, the short-interest ratio is presently 3.0 days.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

Shares of NYSEARCA HUSV opened at $39.55 on Tuesday. The business’s 50-day simple moving average is $38.87 and its 200-day simple moving average is $39.31. First Trust Horizon Managed Volatility Domestic ETF has a 52 week low of $36.20 and a 52 week high of $40.57. The firm has a market cap of $88.99 million, a price-to-earnings ratio of 24.59 and a beta of 0.65.

Hedge Funds Weigh In On First Trust Horizon Managed Volatility Domestic ETF

Institutional investors have recently modified their holdings of the company. Orion Porfolio Solutions LLC bought a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the 3rd quarter worth $200,000. Osaic Holdings Inc. boosted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 60.3% during the second quarter. Osaic Holdings Inc. now owns 6,300 shares of the company’s stock valued at $252,000 after acquiring an additional 2,370 shares during the period. Goldman Sachs Group Inc. bought a new stake in First Trust Horizon Managed Volatility Domestic ETF during the first quarter valued at about $565,000. Raymond James Financial Inc. grew 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 valued at $604,000 after purchasing an additional 991 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 3.9% in the second quarter. J.W. Cole Advisors Inc. now owns 15,690 shares of the company’s stock worth $627,000 after purchasing an additional 585 shares during the period.

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.