First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Up 244.9% in April

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 369 shares, an increase of 244.9% from the April 15th total of 107 shares. Based on an average daily trading volume, of 1,762 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

First Trust Horizon Managed Volatility Developed International ETF Stock Performance

Shares of NYSEARCA:HDMV traded down $0.05 during trading on Thursday, reaching $37.54. 13 shares of the stock traded hands, compared to its average volume of 3,126. The stock has a 50-day moving average of $37.35 and a two-hundred day moving average of $36.50. First Trust Horizon Managed Volatility Developed International ETF has a 52-week low of $34.12 and a 52-week high of $39.22. The stock has a market cap of $16.89 million, a P/E ratio of 16.77 and a beta of 0.47.

Institutional Investors Weigh In On First Trust Horizon Managed Volatility Developed International ETF

Institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the second quarter valued at approximately $83,000. Lido Advisors LLC purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the fourth quarter valued at approximately $248,000. Envestnet Asset Management Inc. grew its holdings 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 valued at $317,000 after buying an additional 1,364 shares during the last quarter. Independent Financial Group LLC purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the first quarter valued at approximately $449,000. Finally, Jane Street Group LLC purchased a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF during the second quarter valued at approximately $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.