First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Up 244.9% in April

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 369 shares, an increase of 244.9% from the April 15th total of 107 shares. Based on an average daily trading volume, of 1,762 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

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

A number of institutional investors have recently bought and sold shares of HDMV. Jane Street Group LLC bought a new position in First Trust Horizon Managed Volatility Developed International ETF in the second quarter worth about $863,000. Ascentis Independent Advisors raised its stake in 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 worth $1,311,000 after buying an additional 19,392 shares in the last quarter. LPL Financial LLC raised its stake in First Trust Horizon Managed Volatility Developed International ETF by 8.7% in the fourth quarter. LPL Financial LLC now owns 194,781 shares of the company’s stock worth $6,882,000 after buying an additional 15,597 shares in the last quarter. Citadel Advisors LLC raised its stake in First Trust Horizon Managed Volatility Developed International ETF by 62.1% in the third quarter. Citadel Advisors LLC now owns 33,450 shares of the company’s stock worth $1,160,000 after buying an additional 12,815 shares in the last quarter. Finally, Independent Financial Group LLC bought a new position in First Trust Horizon Managed Volatility Developed International ETF in the first quarter worth about $449,000.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

HDMV stock traded down $0.05 during trading on Thursday, reaching $37.54. The company had a trading volume of 13 shares, compared to its average volume of 3,126. First Trust Horizon Managed Volatility Developed International ETF has a 52 week low of $34.12 and a 52 week high of $39.22. The company has a market cap of $16.89 million, a P/E ratio of 16.77 and a beta of 0.47. The business has a 50 day moving average of $37.35 and a 200 day moving average of $36.50.

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.