First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 422 shares, an increase of 174.0% from the September 15th total of 154 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 987 shares, the days-to-cover ratio is presently 0.4 days.
Institutional Trading of First Trust Horizon Managed Volatility Developed International ETF
A number of institutional investors and hedge funds have recently made changes to their positions in HDMV. Citadel Advisors LLC raised its position in First Trust Horizon Managed Volatility Developed International ETF by 5.3% during the second quarter. Citadel Advisors LLC now owns 36,932 shares of the company’s stock valued at $1,367,000 after purchasing an additional 1,851 shares in the last quarter. Ascentis Independent Advisors lifted its stake in First Trust Horizon Managed Volatility Developed International ETF by 119.5% during the first quarter. Ascentis Independent Advisors now owns 35,619 shares of the company’s stock worth $1,311,000 after purchasing an additional 19,392 shares during the last quarter. Finally, Independent Financial Group LLC bought a new stake in First Trust Horizon Managed Volatility Developed International ETF during the first quarter worth $449,000.
First Trust Horizon Managed Volatility Developed International ETF Trading Down 0.3%
First Trust Horizon Managed Volatility Developed International ETF stock traded down $0.09 during trading hours on Monday, reaching $35.85. 492 shares of the stock were exchanged, compared to its average volume of 1,896. The company has a market cap of $14.34 million, a P/E ratio of 16.77 and a beta of 0.45. First Trust Horizon Managed Volatility Developed International ETF has a twelve month low of $34.16 and a twelve month high of $39.53. The stock has a 50 day moving average of $38.02 and a two-hundred day moving average of $37.74.
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.
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