Short Interest in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Drops By 41.6%

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 6,109 shares, a decline of 41.6% from the May 31st total of 10,459 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 24,873 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Hartford Multifactor Emerging Markets ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC bought a new position in Hartford Multifactor Emerging Markets ETF in the 1st quarter valued at about $36,000. Cetera Investment Advisers boosted its position in shares of Hartford Multifactor Emerging Markets ETF by 11.8% in the first quarter. Cetera Investment Advisers now owns 28,753 shares of the company’s stock valued at $892,000 after acquiring an additional 3,033 shares during the period. Torren Management LLC acquired a new position in shares of Hartford Multifactor Emerging Markets ETF in the first quarter valued at about $43,000. Kestra Advisory Services LLC grew its stake in shares of Hartford Multifactor Emerging Markets ETF by 4.3% in the first quarter. Kestra Advisory Services LLC now owns 283,569 shares of the company’s stock valued at $8,793,000 after acquiring an additional 11,742 shares in the last quarter. Finally, Private Advisor Group LLC bought a new position in Hartford Multifactor Emerging Markets ETF during the first quarter worth about $7,290,000.

Hartford Multifactor Emerging Markets ETF Price Performance

NYSEARCA ROAM traded down $0.11 on Thursday, hitting $35.30. 52,294 shares of the stock were exchanged, compared to its average volume of 31,042. The business’s fifty day moving average is $35.59 and its 200 day moving average is $32.77. Hartford Multifactor Emerging Markets ETF has a 52 week low of $26.03 and a 52 week high of $37.76. The company has a market capitalization of $109.43 million, a PE ratio of 11.22 and a beta of 0.69.

Hartford Multifactor Emerging Markets ETF Company Profile

The Hartford Multifactor Emerging Markets ETF (ROAM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multifactor and quant-driven index of emerging market stocks aimed at reducing concentration risk prevalent in cap-weighted indexes. ROAM was launched on Feb 26, 2015 and is managed by Hartford.