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

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 13,726 shares, a decrease of 40.3% from the August 15th total of 22,990 shares. Based on an average trading volume of 79,663 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Down 1.0%

RODM traded down $0.41 during trading on Friday, reaching $41.69. 16,701 shares of the company were exchanged, compared to its average volume of 94,625. The firm has a 50 day moving average of $41.78 and a 200 day moving average of $40.94. The stock has a market cap of $1.63 billion, a P/E ratio of -96.71 and a beta of 0.64. Hartford Multifactor Developed Markets has a 52 week low of $34.60 and a 52 week high of $42.75.

Institutional Investors Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

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

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.