Hartford Large Cap Growth ETF (BATS:HFGO) Sees Significant Increase in Short Interest

Hartford Large Cap Growth ETF (BATS:HFGO) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 34,050 shares, an increase of 2,075.7% from the September 30th total of 1,565 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 21,005 shares, the days-to-cover ratio is presently 1.6 days.

Hartford Large Cap Growth ETF Stock Performance

Shares of BATS HFGO opened at $28.70 on Wednesday. The firm’s 50 day moving average price is $29.68 and its 200-day moving average price is $28.09. The company has a market cap of $184.54 million, a PE ratio of 35.14 and a beta of 1.28. Hartford Large Cap Growth ETF has a 52-week low of $23.25 and a 52-week high of $31.37.

Hedge Funds Weigh In On Hartford Large Cap Growth ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC bought a new position in Hartford Large Cap Growth ETF in the 2nd quarter valued at approximately $470,000. Geneos Wealth Management Inc. bought a new stake in shares of Hartford Large Cap Growth ETF in the 1st quarter worth $29,000. Finally, World Investment Advisors raised its stake in shares of Hartford Large Cap Growth ETF by 15.4% in the first quarter. World Investment Advisors now owns 19,325 shares of the company’s stock worth $472,000 after purchasing an additional 2,582 shares during the last quarter.

Hartford Large Cap Growth ETF Company Profile

The Hartford Large Cap Growth ETF (HFGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an active, non-transparent fund that invests in large-cap stocks that are perceived to exhibit long-term growth potential. The fund utilizes the Fidelity non-transparent model. HFGO was launched on Nov 9, 2021 and is managed by Hartford.