Hartford Strategic Income ETF (BATS:HFSI) Sees Significant Increase in Short Interest

Hartford Strategic Income ETF (BATS:HFSI) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 197,996 shares, an increase of 477.3% from the September 30th total of 34,297 shares. Based on an average daily volume of 459,664 shares, the short-interest ratio is presently 0.4 days. Approximately 5.1% of the shares of the stock are short sold.

Hartford Strategic Income ETF Stock Up 0.1%

Shares of HFSI opened at $33.85 on Wednesday. Hartford Strategic Income ETF has a 1 year low of $33.42 and a 1 year high of $36.03. The company has a 50 day simple moving average of $34.19 and a two-hundred day simple moving average of $34.99.

Hedge Funds Weigh In On Hartford Strategic Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of HFSI. Royal Bank of Canada boosted its stake in Hartford Strategic Income ETF by 116,812.7% during the first quarter. Royal Bank of Canada now owns 385,812 shares of the company’s stock valued at $13,395,000 after buying an additional 385,482 shares during the last quarter. Retirement Planning Group LLC grew its holdings in Hartford Strategic Income ETF by 498.4% during the 1st quarter. Retirement Planning Group LLC now owns 122,142 shares of the company’s stock valued at $4,241,000 after buying an additional 101,731 shares in the last quarter. Citizens Financial Group Inc. RI grew its holdings in Hartford Strategic Income ETF by 87.9% during the 1st quarter. Citizens Financial Group Inc. RI now owns 216,447 shares of the company’s stock valued at $7,548,000 after buying an additional 101,257 shares in the last quarter. WNY Asset Management LLC bought a new stake in Hartford Strategic Income ETF in the 1st quarter worth approximately $6,253,000. Finally, New England Capital Financial Advisors LLC increased its stake in Hartford Strategic Income ETF by 705.5% in the 1st quarter. New England Capital Financial Advisors LLC now owns 2,544,936 shares of the company’s stock worth $88,360,000 after acquiring an additional 2,228,972 shares during the last quarter.

Hartford Strategic Income ETF Company Profile

The Hartford Strategic Income ETF is an actively managed exchange-traded fund that seeks to provide current income and long-term total return. The fund invests in a diversified portfolio of domestic and foreign debt securities, including both investment-grade and non-investment-grade bonds, across various sectors and maturities. It employs a flexible investment strategy, allowing allocation across different fixed-income sectors based on market conditions.