Hartford Multifactor Small Cap ETF (NYSEARCA:ROSC) Sees Large Increase in Short Interest

Hartford Multifactor Small Cap ETF (NYSEARCA:ROSC) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,027 shares, an increase of 127.1% from the September 15th total of 1,773 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 8,562 shares, the days-to-cover ratio is presently 0.5 days.

Hartford Multifactor Small Cap ETF Stock Performance

Shares of NYSEARCA ROSC traded up $0.93 during trading hours on Thursday, hitting $54.95. 506 shares of the stock were exchanged, compared to its average volume of 4,201. The company’s fifty day simple moving average is $55.03 and its two-hundred day simple moving average is $53.92. The company has a market cap of $48.36 million, a PE ratio of 13.23 and a beta of 0.90. Hartford Multifactor Small Cap ETF has a 1-year low of $43.93 and a 1-year high of $57.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Gateway Wealth Partners LLC lifted its holdings in Hartford Multifactor Small Cap ETF by 108.0% during the 1st quarter. Gateway Wealth Partners LLC now owns 20,520 shares of the company’s stock worth $991,000 after buying an additional 10,656 shares during the period. Citadel Advisors LLC bought a new stake in shares of Hartford Multifactor Small Cap ETF in the 2nd quarter valued at about $350,000. Rockefeller Capital Management L.P. acquired a new stake in shares of Hartford Multifactor Small Cap ETF in the fourth quarter valued at about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Hartford Multifactor Small Cap ETF in the third quarter valued at about $47,000.

Hartford Multifactor Small Cap ETF Company Profile

The Hartford Multifactor Small Cap ETF (ROSC) is an exchange-traded fund that is based on the Hartford Multifactor Small Cap index. The fund invests in US companies with small market capitalizations screened for risk, valuation, momentum and quality factors. ROSC was launched on Mar 24, 2015 and is managed by Hartford.