Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Short Interest Down 46.8% in May

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 85,970 shares, a decrease of 46.8% from the May 14th total of 161,569 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 84,473 shares, the short-interest ratio is presently 1.0 days.

Hartford Multifactor Developed Markets (ex-US) ETF Price Performance

Hartford Multifactor Developed Markets (ex-US) ETF stock traded down $0.22 during midday trading on Monday, reaching $41.28. 50,882 shares of the company traded hands, compared to its average volume of 100,820. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of -96.00 and a beta of 0.64. The business has a 50 day moving average of $41.00 and a two-hundred day moving average of $39.34. Hartford Multifactor Developed Markets has a 12 month low of $33.33 and a 12 month high of $41.74.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Apollon Financial LLC bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the fourth quarter worth approximately $1,187,000. Vawter Financial Ltd. bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the third quarter worth approximately $5,075,000. Empirical Asset Management LLC bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the third quarter worth approximately $896,000. WCG Wealth Advisors LLC raised its position in Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the fourth quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock worth $62,817,000 after acquiring an additional 1,090,433 shares during the period. Finally, Cerity Partners LLC raised its position in Hartford Multifactor Developed Markets (ex-US) ETF by 2.0% in the fourth quarter. Cerity Partners LLC now owns 4,037,300 shares of the exchange traded fund’s stock worth $149,279,000 after acquiring an additional 77,331 shares during the period. 7.13% of the stock is currently owned by institutional investors.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

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.