First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) Short Interest Update

First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) was the recipient of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 1,089 shares, a drop of 50.0% from the February 12th total of 2,178 shares. Based on an average trading volume of 2,279 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 2,279 shares, the short-interest ratio is currently 0.5 days.

First Trust Horizon Managed Volatility Small/Mid ETF Stock Performance

Shares of First Trust Horizon Managed Volatility Small/Mid ETF stock traded up $0.05 on Friday, hitting $36.60. The company’s stock had a trading volume of 3,061 shares, compared to its average volume of 1,858. The company has a market capitalization of $29.28 million, a price-to-earnings ratio of 17.07 and a beta of 0.82. First Trust Horizon Managed Volatility Small/Mid ETF has a 1 year low of $32.22 and a 1 year high of $38.45. The firm has a fifty day moving average price of $37.26 and a 200-day moving average price of $36.44.

Institutional Trading of First Trust Horizon Managed Volatility Small/Mid ETF

A number of institutional investors and hedge funds have recently made changes to their positions in HSMV. Tower Research Capital LLC TRC raised its stake in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 595.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 37,863 shares of the company’s stock worth $1,350,000 after buying an additional 32,418 shares during the period. Envestnet Asset Management Inc. grew its stake in First Trust Horizon Managed Volatility Small/Mid ETF by 7.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 204,348 shares of the company’s stock valued at $7,433,000 after acquiring an additional 14,902 shares during the period. LPL Financial LLC increased its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 7.5% in the 4th quarter. LPL Financial LLC now owns 163,070 shares of the company’s stock worth $5,813,000 after acquiring an additional 11,402 shares in the last quarter. Cetera Investment Advisers increased its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 5.6% in the 2nd quarter. Cetera Investment Advisers now owns 155,405 shares of the company’s stock worth $5,571,000 after acquiring an additional 8,187 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new position in First Trust Horizon Managed Volatility Small/Mid ETF during the third quarter worth $263,000.

About First Trust Horizon Managed Volatility Small/Mid ETF

The First Trust Horizon Managed Volatility Small\u002FMid ETF (HSMV) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active fund of small- and mid-cap US stocks selected based on volatility forecast. HSMV was launched on Apr 6, 2020 and is managed by First Trust.