Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Short Interest Update

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 15,951 shares, an increase of 79.9% from the August 15th total of 8,867 shares. Based on an average daily volume of 55,589 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Hartford Multifactor US Equity ETF Stock Performance

Shares of NYSEARCA:ROUS traded down $0.63 during trading on Wednesday, reaching $66.86. The company had a trading volume of 42,657 shares, compared to its average volume of 45,825. The firm has a market capitalization of $702.03 million, a PE ratio of 18.12 and a beta of 0.83. Hartford Multifactor US Equity ETF has a twelve month low of $55.39 and a twelve month high of $69.30. The firm’s fifty day moving average is $67.45 and its 200 day moving average is $64.79.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its holdings in Hartford Multifactor US Equity ETF by 74.0% in the first quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock worth $10,706,000 after buying an additional 77,140 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in Hartford Multifactor US Equity ETF by 2,891.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 69,948 shares of the company’s stock valued at $4,037,000 after purchasing an additional 67,610 shares during the last quarter. WCG Wealth Advisors LLC acquired a new stake in shares of Hartford Multifactor US Equity ETF in the fourth quarter worth $1,779,000. Northwestern Mutual Wealth Management Co. lifted its position in Hartford Multifactor US Equity ETF by 231.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 41,078 shares of the company’s stock worth $2,371,000 after acquiring an additional 28,692 shares during the last quarter. Finally, Western Wealth Management LLC boosted its position in shares of Hartford Multifactor US Equity ETF by 12.4% in the first quarter. Western Wealth Management LLC now owns 150,426 shares of the company’s stock valued at $8,881,000 after acquiring an additional 16,566 shares during the period.

About Hartford Multifactor US Equity ETF

The Hartford Multifactor US Equity ETF (ROUS) is an exchange-traded fund that is based on the Hartford Multi-factor Large Cap index. The fund tracks an index of US large-cap stocks. The index relies on value, momentum and quality factors, among others. ROUS was launched on Feb 25, 2015 and is managed by Hartford.