First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Short Interest Up 13.8% in April

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of HUSV. LPL Financial LLC increased its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 18.1% during the 4th quarter. LPL Financial LLC now owns 294,634 shares of the company’s stock worth $11,400,000 after purchasing an additional 45,100 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 1.9% during the fourth quarter. Golden State Wealth Management LLC now owns 179,983 shares of the company’s stock worth $6,964,000 after buying an additional 3,366 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 17.5% during the third quarter. Envestnet Asset Management Inc. now owns 175,907 shares of the company’s stock worth $7,007,000 after buying an additional 26,175 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 15.1% in the fourth quarter. Cetera Investment Advisers now owns 124,865 shares of the company’s stock valued at $4,831,000 after acquiring an additional 16,357 shares during the last quarter. Finally, Golden State Equity Partners raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 9.8% in the third quarter. Golden State Equity Partners now owns 88,673 shares of the company’s stock valued at $3,531,000 after acquiring an additional 7,923 shares during the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Trading Up 1.0%

Shares of HUSV stock opened at $39.23 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a 12 month low of $37.76 and a 12 month high of $40.76. The company has a market capitalization of $72.58 million, a P/E ratio of 24.59 and a beta of 0.64. The stock has a 50 day moving average of $39.17 and a two-hundred day 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.