First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Sees Large Growth in Short Interest

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 638 shares, an increase of 72.9% from the April 30th total of 369 shares. Based on an average trading volume of 761 shares, the short-interest ratio is currently 0.8 days. Approximately 0.1% of the company’s shares are short sold.

First Trust Horizon Managed Volatility Developed International ETF Price Performance

Shares of HDMV opened at $37.07 on Wednesday. First Trust Horizon Managed Volatility Developed International ETF has a 1-year low of $34.12 and a 1-year high of $39.22. The stock has a market cap of $16.68 million, a PE ratio of 16.77 and a beta of 0.47. The firm has a 50-day simple moving average of $37.47 and a two-hundred day simple moving average of $36.74.

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

Several large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter worth approximately $83,000. Lido Advisors LLC acquired a new position in First Trust Horizon Managed Volatility Developed International ETF during the 4th quarter worth approximately $248,000. Envestnet Asset Management Inc. grew its holdings in First Trust Horizon Managed Volatility Developed International ETF by 17.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,137 shares of the company’s stock worth $317,000 after acquiring an additional 1,364 shares in the last quarter. Independent Financial Group LLC acquired a new position in First Trust Horizon Managed Volatility Developed International ETF during the 1st quarter worth approximately $449,000. Finally, Jane Street Group LLC acquired a new position in First Trust Horizon Managed Volatility Developed International ETF during the 2nd quarter worth 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.