First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) Short Interest Update

First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 185 shares, a decline of 78.8% from the August 15th total of 871 shares. Based on an average daily volume of 92,444 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Horizon Managed Volatility Small/Mid ETF

Several institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its position in First Trust Horizon Managed Volatility Small/Mid ETF by 226.3% during the second quarter. Osaic Holdings Inc. now owns 5,224 shares of the company’s stock worth $187,000 after buying an additional 3,623 shares in the last quarter. Two Sigma Investments LP acquired a new position in First Trust Horizon Managed Volatility Small/Mid ETF in the 3rd quarter valued at $263,000. Principal Securities Inc. raised its holdings in First Trust Horizon Managed Volatility Small/Mid ETF by 10.1% in the 4th quarter. Principal Securities Inc. now owns 15,488 shares of the company’s stock valued at $552,000 after acquiring an additional 1,419 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 595.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 37,863 shares of the company’s stock valued at $1,350,000 after acquiring an additional 32,418 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 4.6% during the 1st quarter. Bank of New York Mellon Corp now owns 143,413 shares of the company’s stock valued at $5,187,000 after acquiring an additional 6,290 shares during the period.

First Trust Horizon Managed Volatility Small/Mid ETF Trading Up 0.1%

NYSEARCA HSMV traded up $0.04 during trading on Friday, reaching $37.86. The company’s stock had a trading volume of 235 shares, compared to its average volume of 8,959. The firm has a 50 day moving average price of $38.87 and a 200 day moving average price of $37.87. First Trust Horizon Managed Volatility Small/Mid ETF has a 12 month low of $35.00 and a 12 month high of $39.82. The firm has a market capitalization of $34.07 million, a price-to-earnings ratio of 17.07 and a beta of 0.73.

About First Trust Horizon Managed Volatility Small/Mid ETF

The First Trust Horizon Managed Volatility Small\u002FMid ETF (HSMV) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active fund of small- and mid-cap US stocks selected based on volatility forecast. HSMV was launched on Apr 6, 2020 and is managed by First Trust.