First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Shares Shorted: Short Interest Down 46.2% in October

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 227 shares, a decrease of 46.2% from the September 30th total of 422 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 426 shares, the short-interest ratio is currently 0.5 days.

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

Several institutional investors have recently bought and sold shares of the company. Ascentis Independent Advisors boosted its position in First Trust Horizon Managed Volatility Developed International ETF by 119.5% during the 1st quarter. Ascentis Independent Advisors now owns 35,619 shares of the company’s stock worth $1,311,000 after acquiring an additional 19,392 shares during the last quarter. Citadel Advisors LLC raised its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 5.3% during the 2nd quarter. Citadel Advisors LLC now owns 36,932 shares of the company’s stock worth $1,367,000 after purchasing an additional 1,851 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Developed International ETF in the 1st quarter valued at approximately $449,000.

First Trust Horizon Managed Volatility Developed International ETF Trading Up 0.6%

Shares of First Trust Horizon Managed Volatility Developed International ETF stock traded up $0.23 during trading on Friday, reaching $37.63. The stock had a trading volume of 11 shares, compared to its average volume of 1,777. The company has a market capitalization of $15.05 million, a price-to-earnings ratio of 16.77 and a beta of 0.45. The stock has a fifty day moving average price of $37.40 and a two-hundred day moving average price of $37.58. First Trust Horizon Managed Volatility Developed International ETF has a 52 week low of $34.27 and a 52 week high of $39.53.

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.