Hartford Multifactor Small Cap ETF (NYSEARCA:ROSC) Sees Large Drop in Short Interest

Hartford Multifactor Small Cap ETF (NYSEARCA:ROSC) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,962 shares, a drop of 84.9% from the May 14th total of 12,993 shares. Based on an average daily trading volume, of 1,205 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.2% of the shares of the company are sold short.

Hartford Multifactor Small Cap ETF Stock Performance

Hartford Multifactor Small Cap ETF stock remained flat at $54.56 on Friday. 176 shares of the company’s stock were exchanged, compared to its average volume of 4,129. Hartford Multifactor Small Cap ETF has a 52-week low of $40.54 and a 52-week high of $54.56. The company’s fifty day moving average is $51.86 and its two-hundred day moving average is $49.83. The firm has a market cap of $57.29 million, a PE ratio of 13.23 and a beta of 0.91.

Institutional Trading of Hartford Multifactor Small Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. acquired a new position in shares of Hartford Multifactor Small Cap ETF during the fourth quarter worth approximately $72,000. Focus Partners Advisor Solutions LLC acquired a new position in Hartford Multifactor Small Cap ETF during the 4th quarter valued at $268,000. Harbour Investments Inc. boosted its holdings in Hartford Multifactor Small Cap ETF by 5.9% in the 4th quarter. Harbour Investments Inc. now owns 5,966 shares of the company’s stock valued at $280,000 after purchasing an additional 335 shares during the period. Jane Street Group LLC acquired a new stake in Hartford Multifactor Small Cap ETF in the 1st quarter worth $296,000. Finally, Gateway Wealth Partners LLC bought a new position in shares of Hartford Multifactor Small Cap ETF during the 4th quarter worth about $464,000.

About Hartford Multifactor Small Cap ETF

The Hartford Multifactor Small Cap ETF (ROSC) is an exchange-traded fund that is based on the Hartford Multifactor Small Cap index. The fund invests in US companies with small market capitalizations screened for risk, valuation, momentum and quality factors. ROSC was launched on Mar 24, 2015 and is managed by Hartford.