Short Interest in Hartford US Value ETF (BATS:VMAX) Declines By 90.0%

Hartford US Value ETF (BATS:VMAX) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 29 shares, a drop of 90.0% from the April 15th total of 289 shares. Based on an average daily volume of 504 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Hartford US Value ETF Price Performance

Shares of BATS:VMAX traded up $0.06 during trading on Monday, reaching $59.50. The company had a trading volume of 12 shares, compared to its average volume of 1,528. Hartford US Value ETF has a fifty-two week low of $47.95 and a fifty-two week high of $60.52. The stock’s fifty day moving average price is $57.36 and its 200 day moving average price is $55.72. The firm has a market capitalization of $52.06 million, a price-to-earnings ratio of 13.58 and a beta of 0.79.

Hartford US Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Wednesday, March 25th were paid a $0.2465 dividend. This represents a $0.99 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, March 25th.

About Hartford US Value ETF

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.