Short Interest in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Declines By 21.1%

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 12,340 shares, a decline of 21.1% from the February 26th total of 15,642 shares. Based on an average daily volume of 3,859 shares, the days-to-cover ratio is currently 3.2 days. Currently, 0.7% of the company’s shares are short sold.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

NYSEARCA:HUSV opened at $37.76 on Friday. First Trust Horizon Managed Volatility Domestic ETF has a fifty-two week low of $36.20 and a fifty-two week high of $40.76. The firm has a market cap of $69.86 million, a PE ratio of 24.59 and a beta of 0.65. The business has a 50 day moving average price of $39.47 and a 200-day moving average price of $39.18.

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

A number of institutional investors have recently bought and sold shares of HUSV. Envestnet Asset Management Inc. lifted its position in First Trust Horizon Managed Volatility Domestic ETF by 17.5% during the third quarter. Envestnet Asset Management Inc. now owns 175,907 shares of the company’s stock valued at $7,007,000 after purchasing an additional 26,175 shares in the last quarter. Benjamin Edwards Inc. increased its position in First Trust Horizon Managed Volatility Domestic ETF by 23.5% in the third quarter. Benjamin Edwards Inc. now owns 56,975 shares of the company’s stock worth $2,270,000 after buying an additional 10,839 shares in the last quarter. Asset Allocation Strategies LLC raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 14.1% in the third quarter. Asset Allocation Strategies LLC now owns 67,431 shares of the company’s stock worth $2,686,000 after buying an additional 8,332 shares during the period. J.W. Cole Advisors Inc. raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 3.9% in the second quarter. J.W. Cole Advisors Inc. now owns 15,690 shares of the company’s stock worth $627,000 after buying an additional 585 shares during the period. Finally, Osaic Holdings Inc. lifted its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 44.4% during the 4th quarter. Osaic Holdings Inc. now owns 11,919 shares of the company’s stock valued at $461,000 after buying an additional 3,667 shares in the last quarter.

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.