Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) Sees Significant Drop in Short Interest

Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 1,481 shares, a drop of 34.9% from the March 31st total of 2,275 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 5,249 shares, the short-interest ratio is presently 0.3 days.

Hartford Disciplined US Equity ETF Trading Up 0.9%

HDUS stock traded up $0.63 during mid-day trading on Thursday, hitting $69.12. 4,252 shares of the company were exchanged, compared to its average volume of 7,168. The business has a 50 day simple moving average of $65.64 and a 200-day simple moving average of $65.53. The stock has a market capitalization of $179.71 million, a PE ratio of 22.11 and a beta of 0.94. Hartford Disciplined US Equity ETF has a 1-year low of $54.08 and a 1-year high of $69.19.

Institutional Investors Weigh In On Hartford Disciplined US Equity ETF

An institutional investor recently raised its position in Hartford Disciplined US Equity ETF stock. JPMorgan Chase & Co. increased its holdings in Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) by 22.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,350 shares of the company’s stock after buying an additional 2,957 shares during the period. JPMorgan Chase & Co. owned 0.72% of Hartford Disciplined US Equity ETF worth $973,000 as of its most recent filing with the Securities and Exchange Commission.

Hartford Disciplined US Equity ETF Company Profile

The Hartford Disciplined US Equity ETF (HDUS) is an exchange-traded fund that is based on the Hartford Disciplined US Equity index. The fund is passively managed to invest in a broad portfolio of US large-cap stocks that target balanced exposures across value, momentum, and quality factors at lower volatility level, while controlling overall active risk factors. HDUS was launched on Nov 16, 2022 and is managed by Hartford.