Short Interest in Hartford US Value ETF (BATS:VMAX) Increases By 430.0%

Hartford US Value ETF (BATS:VMAX) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 159 shares, a growth of 430.0% from the June 30th total of 30 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 45 shares, the short-interest ratio is presently 3.5 days.

Hartford US Value ETF Trading Up 0.3%

Hartford US Value ETF stock opened at $63.40 on Friday. Hartford US Value ETF has a 12 month low of $49.75 and a 12 month high of $63.77. The stock’s 50 day moving average is $61.89 and its 200-day moving average is $58.79. The company has a market capitalization of $55.48 million, a price-to-earnings ratio of 13.58 and a beta of 0.79.

Hartford US Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.2713 per share. This is a boost from Hartford US Value ETF’s previous quarterly dividend of $0.25. This represents a $1.09 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, June 25th.

Hartford US Value ETF Company Profile

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.