First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) Short Interest Update

First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 13,548 shares, a decrease of 14.1% from the January 29th total of 15,769 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 8,191 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily volume of 8,191 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.7% of the shares of the stock are sold short.

First Trust Horizon Managed Volatility Domestic ETF Price Performance

HUSV traded up $0.04 during trading on Wednesday, hitting $40.47. 4,549 shares of the stock traded hands, compared to its average volume of 24,844. The firm has a 50-day moving average of $39.43 and a 200 day moving average of $39.29. First Trust Horizon Managed Volatility Domestic ETF has a 12-month low of $36.20 and a 12-month high of $40.76. The firm has a market capitalization of $74.87 million, a P/E ratio of 24.59 and a beta of 0.65.

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

Several institutional investors and hedge funds have recently modified their holdings of HUSV. Arax Advisory Partners purchased a new stake in First Trust Horizon Managed Volatility Domestic ETF during the 4th quarter valued at $34,000. Smartleaf Asset Management LLC purchased a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF in the fourth quarter worth about $112,000. Orion Porfolio Solutions LLC purchased a new position in shares of First Trust Horizon Managed Volatility Domestic ETF in the third quarter valued at $200,000. Kingdom Financial Group LLC. purchased a new stake in shares of First Trust Horizon Managed Volatility Domestic ETF during the 4th quarter valued at about $220,000. Finally, Capital Investment Advisory Services LLC purchased a new position in shares of First Trust Horizon Managed Volatility Domestic ETF in the 4th quarter worth approximately $221,000.

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.