First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Update

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 227 shares, a drop of 73.1% from the January 29th total of 844 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,289 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 1,289 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

First Trust Horizon Managed Volatility Developed International ETF stock traded up $0.08 during trading hours on Friday, hitting $39.20. 2,546 shares of the stock traded hands, compared to its average volume of 6,081. The firm’s 50 day moving average price is $36.86 and its 200-day moving average price is $35.73. The stock has a market capitalization of $17.64 million, a price-to-earnings ratio of 16.77 and a beta of 0.51. First Trust Horizon Managed Volatility Developed International ETF has a 1 year low of $29.93 and a 1 year high of $39.22.

Institutional Trading of First Trust Horizon Managed Volatility Developed International ETF

Several large investors have recently made changes to their positions in the business. Fountainhead AM LLC acquired a new position in First Trust Horizon Managed Volatility Developed International ETF during the second quarter valued at $238,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of First Trust Horizon Managed Volatility Developed International ETF in the 2nd quarter valued at about $200,000. LPL Financial LLC boosted its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 8.7% in the fourth quarter. LPL Financial LLC now owns 194,781 shares of the company’s stock worth $6,882,000 after buying an additional 15,597 shares during the last quarter. Osaic Holdings Inc. grew its holdings in First Trust Horizon Managed Volatility Developed International ETF by 0.6% during the fourth quarter. Osaic Holdings Inc. now owns 61,513 shares of the company’s stock worth $2,174,000 after acquiring an additional 363 shares during the period. Finally, Jane Street Group LLC raised its position in First Trust Horizon Managed Volatility Developed International ETF by 15.7% during the fourth quarter. Jane Street Group LLC now owns 34,123 shares of the company’s stock valued at $1,206,000 after acquiring an additional 4,619 shares in the last quarter.

About First Trust Horizon Managed Volatility Developed International ETF

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.