Short Interest in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Declines By 42.9%

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 17,267 shares, a decrease of 42.9% from the July 30th total of 30,222 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 8,126 shares, the days-to-cover ratio is currently 2.1 days.

First Trust Horizon Managed Volatility Domestic ETF Trading Down 0.4%

Shares of NYSEARCA:HUSV traded down $0.15 during mid-day trading on Tuesday, reaching $40.75. The stock had a trading volume of 6,686 shares, compared to its average volume of 15,939. The firm has a 50 day simple moving average of $40.59 and a two-hundred day simple moving average of $39.69. The firm has a market cap of $73.35 million, a PE ratio of 24.59 and a beta of 0.58. First Trust Horizon Managed Volatility Domestic ETF has a twelve month low of $37.76 and a twelve month high of $41.86.

Institutional Trading of First Trust Horizon Managed Volatility Domestic ETF

Several hedge funds have recently added to or reduced their stakes in the business. Western Wealth Management LLC acquired a new position in First Trust Horizon Managed Volatility Domestic ETF in the first quarter valued at about $25,000. Arax Advisory Partners bought a new stake in First Trust Horizon Managed Volatility Domestic ETF during the 4th quarter worth approximately $34,000. Raymond James Financial Inc. increased its stake in First Trust Horizon Managed Volatility Domestic ETF by 7.0% during the 2nd quarter. Raymond James Financial Inc. now owns 15,116 shares of the company’s stock worth $604,000 after purchasing an additional 991 shares in the last quarter. HighTower Advisors LLC raised its holdings in First Trust Horizon Managed Volatility Domestic ETF by 14.1% during the 4th quarter. HighTower Advisors LLC now owns 9,451 shares of the company’s stock worth $366,000 after buying an additional 1,169 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in First Trust Horizon Managed Volatility Domestic ETF by 60.3% during the 2nd quarter. Osaic Holdings Inc. now owns 6,300 shares of the company’s stock worth $252,000 after buying an additional 2,370 shares during the period.

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.