First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Down 80.3% in August

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 155 shares, a drop of 80.3% from the July 30th total of 786 shares. Based on an average daily trading volume, of 1,990 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HDMV. Raymond James Financial Inc. bought a new stake in First Trust Horizon Managed Volatility Developed International ETF during the second quarter worth $83,000. Jane Street Group LLC purchased a new position in First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter worth $863,000. Envestnet Asset Management Inc. grew its stake in shares of 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 acquiring an additional 1,364 shares in the last quarter. Citadel Advisors LLC grew its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 62.1% in the 3rd quarter. Citadel Advisors LLC now owns 33,450 shares of the company’s stock worth $1,160,000 after acquiring an additional 12,815 shares in the last quarter. Finally, Lido Advisors LLC purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF in the fourth quarter valued at about $248,000.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

Shares of NYSEARCA HDMV traded down $0.03 during mid-day trading on Friday, reaching $38.74. 795 shares of the company’s stock traded hands, compared to its average volume of 2,122. The business has a 50-day simple moving average of $38.31 and a 200 day simple moving average of $37.84. The stock has a market cap of $17.43 million, a P/E ratio of 16.77 and a beta of 0.45. First Trust Horizon Managed Volatility Developed International ETF has a 1-year low of $34.12 and a 1-year high of $39.53.

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.