First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) Short Interest Down 78.8% in August

First Trust Horizon Managed Volatility Small/Mid ETF (NYSEARCA:HSMV) saw a large decline in short interest during the month of 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 trading volume of 92,444 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

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

Several large investors have recently bought and sold shares of HSMV. Cetera Investment Advisers raised its position in First Trust Horizon Managed Volatility Small/Mid ETF by 5.2% in the 1st quarter. Cetera Investment Advisers now owns 184,609 shares of the company’s stock worth $6,677,000 after buying an additional 9,132 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 7.5% during the 4th quarter. LPL Financial LLC now owns 163,070 shares of the company’s stock valued at $5,813,000 after acquiring an additional 11,402 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 4.6% in the first quarter. Bank of New York Mellon Corp now owns 143,413 shares of the company’s stock worth $5,187,000 after acquiring an additional 6,290 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 595.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 37,863 shares of the company’s stock valued at $1,350,000 after purchasing an additional 32,418 shares during the last quarter. Finally, Principal Securities Inc. raised its holdings in shares of First Trust Horizon Managed Volatility Small/Mid ETF by 10.1% during the fourth quarter. Principal Securities Inc. now owns 15,488 shares of the company’s stock valued at $552,000 after purchasing an additional 1,419 shares during the last quarter.

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

HSMV traded up $0.04 during trading on Friday, hitting $37.86. 235 shares of the company’s stock traded hands, compared to its average volume of 8,959. The company’s 50 day simple moving average is $38.87 and its two-hundred day simple moving average is $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 stock has a market capitalization of $34.07 million, a price-to-earnings ratio of 17.07 and a beta of 0.73.

First Trust Horizon Managed Volatility Small/Mid ETF Company Profile

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.