Short Interest in Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Drops By 41.8%

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 50,050 shares, a decrease of 41.8% from the May 31st total of 85,970 shares. Based on an average daily trading volume, of 83,311 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

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

RODM stock remained flat at $40.61 during midday trading on Friday. 60,718 shares of the company traded hands, compared to its average volume of 104,279. The company’s fifty day moving average price is $40.98 and its two-hundred day moving average price is $39.72. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of -94.44 and a beta of 0.65. Hartford Multifactor Developed Markets has a 1-year low of $33.53 and a 1-year high of $41.74.

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

Several institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.4% during the first quarter. NewEdge Advisors LLC now owns 80,263 shares of the exchange traded fund’s stock worth $3,164,000 after buying an additional 343 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 7.0% during the third quarter. JPMorgan Chase & Co. now owns 5,606 shares of the exchange traded fund’s stock worth $199,000 after purchasing an additional 368 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 6.8% during the first quarter. Janney Montgomery Scott LLC now owns 6,710 shares of the exchange traded fund’s stock worth $265,000 after purchasing an additional 428 shares during the period. World Investment Advisors lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% during the fourth quarter. World Investment Advisors now owns 78,140 shares of the exchange traded fund’s stock valued at $2,889,000 after purchasing an additional 449 shares during the last quarter. Finally, Flagstar Advisors Inc. lifted its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 1.4% during the fourth quarter. Flagstar Advisors Inc. now owns 49,772 shares of the exchange traded fund’s stock valued at $1,840,000 after buying an additional 666 shares in the last quarter. 7.13% of the stock is currently owned by hedge funds and other institutional investors.

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.