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

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 24,356 shares, a growth of 28.1% from the December 15th total of 19,017 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average trading volume of 8,007 shares, the short-interest ratio is presently 3.0 days. Based on an average trading volume of 8,007 shares, the short-interest ratio is presently 3.0 days. Currently, 1.0% of the company’s stock are sold short.

Hedge Funds Weigh In On First Trust Horizon Managed Volatility Domestic ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Orion Porfolio Solutions LLC acquired a new position in First Trust Horizon Managed Volatility Domestic ETF during the third quarter worth $200,000. Osaic Holdings Inc. grew its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 60.3% in the 2nd quarter. Osaic Holdings Inc. now owns 6,300 shares of the company’s stock valued at $252,000 after acquiring an additional 2,370 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of First Trust Horizon Managed Volatility Domestic ETF during the 1st quarter worth about $565,000. Raymond James Financial Inc. raised its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 7.0% in the 2nd quarter. Raymond James Financial Inc. now owns 15,116 shares of the company’s stock valued at $604,000 after purchasing an additional 991 shares during the period. Finally, J.W. Cole Advisors Inc. lifted its stake in First Trust Horizon Managed Volatility Domestic ETF by 3.9% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 15,690 shares of the company’s stock valued at $627,000 after purchasing an additional 585 shares during the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Stock Up 0.4%

Shares of NYSEARCA:HUSV traded up $0.17 during midday trading on Friday, reaching $39.55. The company had a trading volume of 18,482 shares, compared to its average volume of 27,207. First Trust Horizon Managed Volatility Domestic ETF has a 1-year low of $36.20 and a 1-year high of $40.57. The stock has a market cap of $88.99 million, a PE ratio of 24.59 and a beta of 0.65. The business’s 50 day moving average price is $38.85 and its 200 day moving average price is $39.32.

About First Trust Horizon Managed Volatility Domestic ETF

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.