Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Short Interest Up 80.0% in March

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 50,186 shares, a growth of 80.0% from the February 26th total of 27,887 shares. Based on an average trading volume of 100,239 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Down 0.5%

Shares of RODM opened at $38.36 on Friday. Hartford Multifactor Developed Markets has a 52 week low of $27.99 and a 52 week high of $41.26. The stock has a market cap of $1.35 billion, a P/E ratio of -89.21 and a beta of 0.72. The business’s 50 day moving average price is $39.41 and its 200-day moving average price is $37.34.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Several institutional investors and hedge funds have recently modified their holdings of RODM. Flagship Harbor Advisors LLC bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter worth about $49,000. Farther Finance Advisors LLC increased its stake in Hartford Multifactor Developed Markets (ex-US) ETF by 776.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,420 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 1,258 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the fourth quarter worth about $74,000. Root Financial Partners LLC bought a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the third quarter worth approximately $86,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the fourth quarter worth approximately $112,000. 7.13% of the stock is currently owned by institutional investors.

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.