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 large decrease in short interest in August. As of August 14th, there was short interest totaling 155 shares, a decrease of 80.3% from the July 30th total of 786 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,990 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust Horizon Managed Volatility Developed International ETF

Several hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. raised its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 0.6% in the 4th quarter. Osaic Holdings Inc. now owns 61,513 shares of the company’s stock worth $2,174,000 after acquiring an additional 363 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 17.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,137 shares of the company’s stock valued at $317,000 after purchasing an additional 1,364 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in First Trust Horizon Managed Volatility Developed International ETF during the second quarter worth approximately $83,000. Jane Street Group LLC grew its stake in First Trust Horizon Managed Volatility Developed International ETF by 15.7% during the fourth quarter. Jane Street Group LLC now owns 34,123 shares of the company’s stock worth $1,206,000 after purchasing an additional 4,619 shares during the period. Finally, Lido Advisors LLC bought a new stake in First Trust Horizon Managed Volatility Developed International ETF in the fourth quarter worth approximately $248,000.

First Trust Horizon Managed Volatility Developed International ETF Trading Down 0.4%

NYSEARCA:HDMV traded down $0.15 on Thursday, hitting $38.77. The company had a trading volume of 134 shares, compared to its average volume of 2,130. First Trust Horizon Managed Volatility Developed International ETF has a 52 week low of $34.12 and a 52 week high of $39.53. The stock has a market capitalization of $17.45 million, a price-to-earnings ratio of 16.77 and a beta of 0.45. The firm has a 50 day moving average of $38.25 and a two-hundred day moving average of $37.82.

First Trust Horizon Managed Volatility Developed International ETF Company Profile

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.