Hartford US Value ETF (BATS:VMAX) Stock Short Interest Falls 92.3%

Hartford US Value ETF (BATS:VMAX) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 1 shares, a drop of 92.3% from the September 30th total of 13 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 287 shares, the days-to-cover ratio is currently 0.0 days.

Hartford US Value ETF Trading Down 0.8%

Shares of BATS VMAX traded down $0.53 during midday trading on Monday, hitting $65.91. 8 shares of the company’s stock were exchanged, compared to its average volume of 925. Hartford US Value ETF has a 12-month low of $51.19 and a 12-month high of $66.44. The company has a market cap of $57.67 million, a price-to-earnings ratio of 13.58 and a beta of 0.79. The business’s fifty day moving average price is $64.48 and its two-hundred day moving average price is $62.49.

Hedge Funds Weigh In On Hartford US Value ETF

An institutional investor recently bought a new stake in Hartford US Value ETF stock. Wedbush Securities Inc. acquired a new stake in shares of Hartford US Value ETF (BATS:VMAX) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,563 shares of the company’s stock, valued at approximately $253,000. Wedbush Securities Inc. owned approximately 0.41% of Hartford US Value ETF as of its most recent filing with the SEC.

Hartford US Value ETF Company Profile

The Hartford US Value ETF (VMAX) is an exchange-traded fund that is based on the Hartford US Value index. The fund tracks a multifactor index of US large-cap stocks with favorable value characteristics and comparatively lower market valuations. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. VMAX was launched on Dec 5, 2023 and is issued by The Hartford.