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 recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 190 shares, a decline of 70.4% from the May 31st total of 642 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 332 shares, the days-to-cover ratio is currently 0.6 days.

First Trust Horizon Managed Volatility Developed International ETF Stock Performance

NYSEARCA:HDMV traded up $0.14 during trading hours on Monday, hitting $37.18. The stock had a trading volume of 1,114 shares, compared to its average volume of 2,521. The business’s 50 day moving average is $37.49 and its 200-day moving average is $37.02. The company has a market cap of $16.73 million, a price-to-earnings ratio of 16.77 and a beta of 0.46. First Trust Horizon Managed Volatility Developed International ETF has a one year low of $34.12 and a one year high of $39.22.

Institutional Trading of First Trust Horizon Managed Volatility Developed International ETF

Several hedge funds have recently added to or reduced their stakes in HDMV. Raymond James Financial Inc. bought a new position in First Trust Horizon Managed Volatility Developed International ETF during the second quarter worth about $83,000. Lido Advisors LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the fourth quarter worth about $248,000. Envestnet Asset Management Inc. raised its position in shares of First Trust Horizon Managed Volatility Developed International ETF by 17.5% during the third quarter. Envestnet Asset Management Inc. now owns 9,137 shares of the company’s stock worth $317,000 after purchasing an additional 1,364 shares during the period. Independent Financial Group LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the first quarter worth about $449,000. Finally, Jane Street Group LLC bought a new position in shares of First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter valued at about $863,000.

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.