First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Update

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 114 shares, a drop of 82.4% from the December 31st total of 648 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 19,267 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 19,267 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Fountainhead AM LLC bought a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF in the 2nd quarter worth approximately $238,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF in the second quarter worth $200,000. Citadel Advisors LLC increased its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 62.1% during the third quarter. Citadel Advisors LLC now owns 33,450 shares of the company’s stock valued at $1,160,000 after acquiring an additional 12,815 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust Horizon Managed Volatility Developed International ETF in the 2nd quarter worth about $863,000. Finally, Envestnet Asset Management Inc. boosted its stake in First Trust Horizon Managed Volatility Developed International ETF by 17.5% in the 3rd 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 in the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

HDMV stock traded up $0.31 during midday trading on Thursday, hitting $37.13. The stock had a trading volume of 731 shares, compared to its average volume of 10,923. The business has a 50-day moving average of $35.46 and a two-hundred day moving average of $35.24. The firm has a market cap of $16.71 million, a price-to-earnings ratio of 16.77 and a beta of 0.51. First Trust Horizon Managed Volatility Developed International ETF has a 52-week low of $29.53 and a 52-week high of $37.13.

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.