First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Sees Significant Decrease in Short Interest

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 17,267 shares, a drop of 42.9% from the July 30th total of 30,222 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 8,126 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Trading of First Trust Horizon Managed Volatility Domestic ETF

Large investors have recently bought and sold shares of the business. Western Wealth Management LLC bought a new position in First Trust Horizon Managed Volatility Domestic ETF in the first quarter valued at approximately $25,000. Arax Advisory Partners bought a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter worth $34,000. Smartleaf Asset Management LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the fourth quarter worth $112,000. Orion Porfolio Solutions LLC acquired a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the third quarter worth $200,000. Finally, Kingdom Financial Group LLC. bought a new stake in First Trust Horizon Managed Volatility Domestic ETF in the 4th quarter valued at $220,000.

First Trust Horizon Managed Volatility Domestic ETF Trading Down 0.3%

Shares of HUSV stock traded down $0.11 on Friday, hitting $41.03. The stock had a trading volume of 2,702 shares, compared to its average volume of 16,085. First Trust Horizon Managed Volatility Domestic ETF has a twelve month low of $37.76 and a twelve month high of $41.86. The company has a fifty day moving average price of $40.55 and a two-hundred day moving average price of $39.68. The firm has a market cap of $73.85 million, a P/E ratio of 24.59 and a beta of 0.58.

First Trust Horizon Managed Volatility Domestic ETF Company Profile

The First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund that uses volatility forecasting to select and weight large-cap US stocks. HUSV was launched on Aug 24, 2016 and is managed by First Trust.