Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) Short Interest Up 349.6% in April

Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 6,659 shares, a growth of 349.6% from the April 15th total of 1,481 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 7,368 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On Hartford Disciplined US Equity ETF

A hedge fund recently raised its stake in Hartford Disciplined US Equity ETF stock. JPMorgan Chase & Co. raised its position in Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) by 22.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,350 shares of the company’s stock after acquiring 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 HDUS traded down $0.49 during midday trading on Friday, hitting $70.72. 8,201 shares of the stock were exchanged, compared to its average volume of 7,484. The firm has a market cap of $183.87 million, a P/E ratio of 22.11 and a beta of 0.94. Hartford Disciplined US Equity ETF has a 52-week low of $56.03 and a 52-week high of $71.33. The stock has a fifty day simple moving average of $66.30 and a 200 day simple moving average of $65.90.

About Hartford Disciplined US Equity ETF

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.