Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Stock Short Interest Falls 64.8%

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 14,561 shares, a decrease of 64.8% from the September 15th total of 41,389 shares. Based on an average trading volume of 82,125 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

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

Shares of NYSEARCA RODM traded down $0.07 during midday trading on Monday, hitting $40.75. 97,538 shares of the company’s stock were exchanged, compared to its average volume of 93,590. Hartford Multifactor Developed Markets has a twelve month low of $34.60 and a twelve month high of $42.75. The company has a market cap of $1.62 billion, a PE ratio of -94.76 and a beta of 0.64. The firm’s fifty day simple moving average is $41.77 and its 200-day simple moving average is $41.14.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

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