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

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 41,389 shares, a growth of 201.5% from the August 31st total of 13,726 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 76,421 shares, the short-interest ratio is presently 0.5 days.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Up 0.6%

Shares of NYSEARCA RODM traded up $0.26 during trading on Friday, reaching $41.52. The company had a trading volume of 72,986 shares, compared to its average volume of 94,505. Hartford Multifactor Developed Markets has a twelve month low of $34.60 and a twelve month high of $42.75. The stock has a 50-day moving average price of $41.85 and a two-hundred day moving average price of $41.00. The stock has a market capitalization of $1.64 billion, a PE ratio of -96.56 and a beta of 0.64.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RODM. Ascentis Independent Advisors purchased a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter valued at $39,000. Webster Bank N. A. purchased a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter worth $60,000. Fifth Third Bancorp purchased a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter worth $115,000. Onyx Bridge Wealth Group LLC acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the first quarter valued at $205,000. Finally, Western Wealth Management LLC acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the first quarter valued at $227,000. Hedge funds and other institutional investors own 7.13% of the company’s stock.

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.