Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Sees Large Growth in Short Interest

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 62,025 shares, a growth of 110.6% from the January 15th total of 29,454 shares. Approximately 2.8% of the shares of the stock are sold short. Based on an average trading volume of 18,583 shares, the short-interest ratio is presently 3.3 days. Based on an average trading volume of 18,583 shares, the short-interest ratio is presently 3.3 days. Approximately 2.8% of the shares of the stock are sold short.

Institutional Investors Weigh In On Hartford Multifactor Emerging Markets ETF

Several hedge funds have recently added to or reduced their stakes in the business. Stratos Wealth Partners LTD. increased its position in Hartford Multifactor Emerging Markets ETF by 79.7% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 437,320 shares of the company’s stock valued at $11,510,000 after acquiring an additional 193,969 shares during the period. J.W. Cole Advisors Inc. bought a new stake in shares of Hartford Multifactor Emerging Markets ETF in the second quarter worth $212,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Hartford Multifactor Emerging Markets ETF in the second quarter valued at $53,000. Fermata Advisors LLC raised its position in Hartford Multifactor Emerging Markets ETF by 11.4% during the 3rd quarter. Fermata Advisors LLC now owns 35,032 shares of the company’s stock worth $976,000 after purchasing an additional 3,584 shares during the last quarter. Finally, Empirical Asset Management LLC acquired a new position in Hartford Multifactor Emerging Markets ETF during the 3rd quarter worth about $610,000.

Hartford Multifactor Emerging Markets ETF Trading Down 0.7%

Hartford Multifactor Emerging Markets ETF stock opened at $32.45 on Friday. The stock has a 50-day moving average price of $30.26 and a two-hundred day moving average price of $28.78. Hartford Multifactor Emerging Markets ETF has a 12 month low of $20.75 and a 12 month high of $33.12. The company has a market capitalization of $71.39 million, a PE ratio of 11.22 and a beta of 0.66.

About Hartford Multifactor Emerging Markets ETF

The Hartford Multifactor Emerging Markets ETF (ROAM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multifactor and quant-driven index of emerging market stocks aimed at reducing concentration risk prevalent in cap-weighted indexes. ROAM was launched on Feb 26, 2015 and is managed by Hartford.