First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Sees Significant Decrease in Short Interest

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 17,267 shares, a decrease of 42.9% from the July 30th total of 30,222 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily volume of 8,126 shares, the short-interest ratio is currently 2.1 days.

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

A number of large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 6.3% during the 1st quarter. Bank of New York Mellon Corp now owns 422,253 shares of the company’s stock worth $16,191,000 after acquiring an additional 24,901 shares in the last quarter. Royal Bank of Canada lifted its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 12,402.3% in the first quarter. Royal Bank of Canada now owns 21,504 shares of the company’s stock worth $825,000 after purchasing an additional 21,332 shares in the last quarter. RFG Advisory LLC bought a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF in the first quarter worth $1,685,000. Asset Allocation Strategies LLC boosted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 13.3% during the first quarter. Asset Allocation Strategies LLC now owns 79,465 shares of the company’s stock worth $3,047,000 after purchasing an additional 9,330 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in First Trust Horizon Managed Volatility Domestic ETF by 4.7% during the first quarter. Cetera Investment Advisers now owns 130,673 shares of the company’s stock worth $5,011,000 after purchasing an additional 5,808 shares during the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Trading Down 0.3%

Shares of First Trust Horizon Managed Volatility Domestic ETF stock traded down $0.11 during trading on Friday, reaching $41.03. The stock had a trading volume of 2,702 shares, compared to its average volume of 16,085. The company has a market capitalization of $73.85 million, a price-to-earnings ratio of 24.59 and a beta of 0.58. The stock has a fifty day moving average price of $40.55 and a two-hundred day moving average price of $39.68. First Trust Horizon Managed Volatility Domestic ETF has a 52 week low of $37.76 and a 52 week high of $41.86.

First Trust Horizon Managed Volatility Domestic ETF Company Profile

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.