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

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 presently 3.2 days. Approximately 0.7% of the shares of the stock are sold short.

Institutional Trading of First Trust Horizon Managed Volatility Domestic ETF

Several hedge funds have recently modified their holdings of HUSV. Cetera Investment Advisers boosted its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 15.1% during the 4th quarter. Cetera Investment Advisers now owns 124,865 shares of the company’s stock valued at $4,831,000 after acquiring an additional 16,357 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of First Trust Horizon Managed Volatility Domestic ETF by 44.4% in the fourth quarter. Osaic Holdings Inc. now owns 11,919 shares of the company’s stock valued at $461,000 after purchasing an additional 3,667 shares in the last quarter. Arax Advisory Partners bought a new stake in First Trust Horizon Managed Volatility Domestic ETF in the fourth quarter worth $34,000. Smartleaf Asset Management LLC bought a new stake in First Trust Horizon Managed Volatility Domestic ETF in the fourth quarter worth $112,000. Finally, Golden State Wealth Management LLC raised its stake in First Trust Horizon Managed Volatility Domestic ETF by 1.9% during the fourth quarter. Golden State Wealth Management LLC now owns 179,983 shares of the company’s stock valued at $6,964,000 after purchasing an additional 3,366 shares in the last quarter.

First Trust Horizon Managed Volatility Domestic ETF Trading Down 1.2%

NYSEARCA:HUSV opened at $37.76 on Friday. The business’s 50-day moving average is $39.47 and its 200 day moving average is $39.18. First Trust Horizon Managed Volatility Domestic ETF has a 12 month low of $36.20 and a 12 month high of $40.76. The company has a market capitalization of $69.86 million, a P/E ratio of 24.59 and a beta of 0.65.

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.