First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Down 66.7% in September

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 100 shares, a decline of 66.7% from the September 15th total of 300 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Horizon Managed Volatility Developed International ETF Stock Performance

Shares of HDMV opened at $35.02 on Monday. The firm has a market cap of $22.76 million, a PE ratio of 16.77 and a beta of 0.63. The firm’s 50 day moving average price is $35.25 and its 200 day moving average price is $34.77. First Trust Horizon Managed Volatility Developed International ETF has a twelve month low of $28.26 and a twelve month high of $36.13.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. increased its position in First Trust Horizon Managed Volatility Developed International ETF by 1.2% during the first quarter. Envestnet Asset Management Inc. now owns 213,063 shares of the company’s stock worth $6,839,000 after buying an additional 2,543 shares during the last quarter. LPL Financial LLC boosted its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 5.3% during the 1st quarter. LPL Financial LLC now owns 174,650 shares of the company’s stock worth $5,606,000 after acquiring an additional 8,788 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 3.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 170,248 shares of the company’s stock worth $5,464,000 after acquiring an additional 6,228 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Horizon Managed Volatility Developed International ETF by 0.7% during the 1st quarter. Cetera Investment Advisers now owns 164,626 shares of the company’s stock valued at $5,284,000 after acquiring an additional 1,067 shares during the last quarter. Finally, Flow Traders U.S. LLC raised its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 38.3% in the 1st quarter. Flow Traders U.S. LLC now owns 37,750 shares of the company’s stock valued at $1,212,000 after acquiring an additional 10,462 shares in the last quarter.

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.