First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Update

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) was the target of a significant increase in short interest in 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. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,795 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 1,795 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

First Trust Horizon Managed Volatility Developed International ETF Trading Down 0.1%

Shares of First Trust Horizon Managed Volatility Developed International ETF stock traded down $0.02 on Tuesday, reaching $38.25. 4,066 shares of the stock were exchanged, compared to its average volume of 8,154. The firm has a market capitalization of $17.21 million, a PE ratio of 16.77 and a beta of 0.51. First Trust Horizon Managed Volatility Developed International ETF has a 1-year low of $29.93 and a 1-year high of $38.32. The business has a fifty day moving average price of $35.86 and a two-hundred day moving average price of $35.38.

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

A number of large investors have recently modified their holdings of HDMV. Raymond James Financial Inc. purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF in the second quarter valued at approximately $83,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in First Trust Horizon Managed Volatility Developed International ETF in the second quarter valued at $200,000. Fountainhead AM LLC purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter worth $238,000. Lido Advisors LLC acquired a new position in shares of First Trust Horizon Managed Volatility Developed International ETF during the 4th quarter worth $248,000. Finally, Gladstone Institutional Advisory LLC purchased a new position in shares of First Trust Horizon Managed Volatility Developed International ETF in the 3rd quarter valued at about $278,000.

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.