Short Interest in Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) Drops By 76.9%

Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,648 shares, a decline of 76.9% from the May 14th total of 7,137 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 7,583 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

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

Hartford Disciplined US Equity ETF Stock Performance

Shares of NYSEARCA:HDUS opened at $70.59 on Wednesday. The company has a fifty day moving average of $68.81 and a 200-day moving average of $66.70. The company has a market capitalization of $183.53 million, a PE ratio of 22.11 and a beta of 0.94. Hartford Disciplined US Equity ETF has a 52-week low of $57.63 and a 52-week high of $72.80.

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.