Hartford Strategic Income ETF (BATS:HFSI) Stock Short Interest Drops 71.6%

Hartford Strategic Income ETF (BATS:HFSI) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 56,162 shares, a decline of 71.6% from the October 15th total of 197,996 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 387,843 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Hartford Strategic Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bleakley Financial Group LLC lifted its holdings in Hartford Strategic Income ETF by 7.7% during the 3rd quarter. Bleakley Financial Group LLC now owns 692,375 shares of the company’s stock worth $23,250,000 after buying an additional 49,229 shares in the last quarter. Private Advisor Group LLC boosted its position in Hartford Strategic Income ETF by 41.5% in the 3rd quarter. Private Advisor Group LLC now owns 297,039 shares of the company’s stock valued at $9,975,000 after buying an additional 87,141 shares during the period. Cornerstone Wealth Management LLC acquired a new position in shares of Hartford Strategic Income ETF in the third quarter worth $431,000. Flynn Zito Capital Management LLC acquired a new position in shares of Hartford Strategic Income ETF in the third quarter worth $6,063,000. Finally, Sierra Ocean LLC acquired a new position in shares of Hartford Strategic Income ETF in the third quarter worth $10,004,000.

Hartford Strategic Income ETF Stock Performance

HFSI stock opened at $33.70 on Friday. The business has a 50 day simple moving average of $33.94 and a 200-day simple moving average of $34.88. Hartford Strategic Income ETF has a 1 year low of $33.42 and a 1 year high of $35.93.

About Hartford Strategic Income ETF

The Hartford Strategic Income ETF is an actively managed exchange-traded fund that seeks to provide current income and long-term total return. The fund invests in a diversified portfolio of domestic and foreign debt securities, including both investment-grade and non-investment-grade bonds, across various sectors and maturities. It employs a flexible investment strategy, allowing allocation across different fixed-income sectors based on market conditions.