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

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 14,038 shares, a growth of 13.8% from the March 31st total of 12,341 shares. Based on an average trading volume of 2,149 shares, the days-to-cover ratio is currently 6.5 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Horizon Managed Volatility Domestic ETF

Several institutional investors have recently bought and sold shares of HUSV. Arax Advisory Partners acquired a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF in the fourth quarter valued at $34,000. Smartleaf Asset Management LLC bought a new position in shares of First Trust Horizon Managed Volatility Domestic ETF during the 4th quarter valued at about $112,000. Orion Porfolio Solutions LLC acquired a new position in shares of First Trust Horizon Managed Volatility Domestic ETF in the 3rd quarter worth approximately $200,000. Kingdom Financial Group LLC. bought a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF in the 4th quarter worth approximately $220,000. Finally, Capital Investment Advisory Services LLC acquired a new stake in First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter valued at approximately $221,000.

First Trust Horizon Managed Volatility Domestic ETF Stock Up 1.0%

Shares of NYSEARCA:HUSV opened at $39.23 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a fifty-two week low of $37.76 and a fifty-two week high of $40.76. The company has a market cap of $72.58 million, a PE ratio of 24.59 and a beta of 0.64. The firm has a 50-day simple moving average of $39.17 and a 200 day simple moving average of $39.08.

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.