Short Interest in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Decreases By 82.7%

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 8,867 shares, a decline of 82.7% from the July 30th total of 51,111 shares. Based on an average trading volume of 77,150 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Hartford Multifactor US Equity ETF Stock Performance

Shares of NYSEARCA:ROUS traded up $0.18 on Wednesday, hitting $68.38. The company’s stock had a trading volume of 75,175 shares, compared to its average volume of 45,758. The company has a market capitalization of $717.99 million, a price-to-earnings ratio of 18.12 and a beta of 0.83. Hartford Multifactor US Equity ETF has a 12 month low of $55.20 and a 12 month high of $69.30. The stock’s 50-day moving average is $67.16 and its two-hundred day moving average is $64.10.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada raised its position in shares of Hartford Multifactor US Equity ETF by 74.0% during the 1st quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock worth $10,706,000 after buying an additional 77,140 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of Hartford Multifactor US Equity ETF by 2,891.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 69,948 shares of the company’s stock valued at $4,037,000 after acquiring an additional 67,610 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Hartford Multifactor US Equity ETF by 11.0% in the fourth quarter. LPL Financial LLC now owns 675,705 shares of the company’s stock valued at $38,995,000 after acquiring an additional 66,847 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Hartford Multifactor US Equity ETF by 230.2% in the fourth quarter. NewEdge Advisors LLC now owns 58,715 shares of the company’s stock valued at $3,388,000 after acquiring an additional 40,933 shares in the last quarter. Finally, WCG Wealth Advisors LLC acquired a new position in shares of Hartford Multifactor US Equity ETF during the fourth quarter valued at approximately $1,779,000.

About Hartford Multifactor US Equity ETF

The Hartford Multifactor US Equity ETF (ROUS) is an exchange-traded fund that is based on the Hartford Multi-factor Large Cap index. The fund tracks an index of US large-cap stocks. The index relies on value, momentum and quality factors, among others. ROUS was launched on Feb 25, 2015 and is managed by Hartford.