Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Large Decline in Short Interest

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

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

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada increased its position in Hartford Multifactor Developed Markets (ex-US) ETF by 11.0% during the first quarter. Royal Bank of Canada now owns 226,226 shares of the exchange traded fund’s stock worth $8,918,000 after purchasing an additional 22,504 shares during the last quarter. Independent Financial Group LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the first quarter worth approximately $656,000. Bank of America Corp DE raised its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% during the first quarter. Bank of America Corp DE now owns 2,624,425 shares of the exchange traded fund’s stock worth $103,455,000 after purchasing an additional 15,122 shares during the period. Rockefeller Capital Management L.P. raised its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 30.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 53,666 shares of the exchange traded fund’s stock worth $1,984,000 after purchasing an additional 12,593 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 21.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 61,174 shares of the exchange traded fund’s stock valued at $2,472,000 after purchasing an additional 10,666 shares during the last quarter. 7.13% of the stock is currently owned by hedge funds and other institutional investors.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Down 0.4%

Shares of Hartford Multifactor Developed Markets (ex-US) ETF stock traded down $0.15 during trading on Wednesday, reaching $41.16. The company’s stock had a trading volume of 124,468 shares, compared to its average volume of 94,083. The business has a 50 day moving average price of $41.75 and a 200-day moving average price of $41.17. Hartford Multifactor Developed Markets has a 12-month low of $35.13 and a 12-month high of $42.75. The company has a market capitalization of $1.64 billion, a P/E ratio of -95.72 and a beta of 0.64.

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.