Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Short Interest Up 903.0% in June

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 502,005 shares, an increase of 903.0% from the June 15th total of 50,050 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 152,074 shares, the days-to-cover ratio is currently 3.3 days.

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

Shares of RODM stock opened at $40.95 on Monday. The stock has a fifty day moving average of $41.02 and a 200 day moving average of $39.87. Hartford Multifactor Developed Markets has a 52 week low of $33.53 and a 52 week high of $41.74. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of -95.23 and a beta of 0.65.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter valued at about $39,000. Flagship Harbor Advisors LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the fourth quarter worth about $49,000. Webster Bank N. A. bought a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter valued at approximately $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at approximately $74,000. Finally, Kestra Advisory Services LLC bought a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at approximately $112,000. 7.13% of the stock is owned by hedge funds and other institutional investors.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

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.