Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Significant Increase in Short Interest

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 88,309 shares, a growth of 76.0% from the March 15th total of 50,186 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 111,360 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Several institutional investors have recently added to or reduced their stakes in RODM. Flagship Harbor Advisors LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at $49,000. Farther Finance Advisors LLC boosted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 776.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,420 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 1,258 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at $74,000. Root Financial Partners LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter valued at $86,000. Finally, Kestra Advisory Services LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at $112,000. Hedge funds and other institutional investors own 7.13% of the company’s stock.

Hartford Multifactor Developed Markets (ex-US) ETF Price Performance

Shares of RODM opened at $40.91 on Monday. The stock has a market capitalization of $1.48 billion, a P/E ratio of -95.14 and a beta of 0.67. The firm has a fifty day simple moving average of $39.78 and a two-hundred day simple moving average of $37.66. Hartford Multifactor Developed Markets has a twelve month low of $29.64 and a twelve month high of $41.26.

About Hartford Multifactor Developed Markets (ex-US) ETF

Direct Markets Holdings Corp., formerly Rodman & Renshaw Capital Group, Inc, is a holding company. Through its subsidiaries, it is engaged in the investment banking business. The Company’s principal operating subsidiary is Rodman & Renshaw, LLC (R&R). It is an investment bank, which provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. It also provides research and sales and trading services to institutional investors.