Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Large Drop in Short Interest

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the recipient of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 5,500 shares, a decline of 62.6% from the May 15th total of 14,700 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 113,500 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RODM. US Bancorp DE bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter worth approximately $51,000. CWM LLC increased its position in Hartford Multifactor Developed Markets (ex-US) ETF by 413.0% in the 1st quarter. CWM LLC now owns 2,955 shares of the exchange traded fund’s stock valued at $92,000 after acquiring an additional 2,379 shares during the period. Golden State Wealth Management LLC boosted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 51.2% during the 1st quarter. Golden State Wealth Management LLC now owns 5,200 shares of the exchange traded fund’s stock worth $161,000 after acquiring an additional 1,760 shares during the period. IFP Advisors Inc grew its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 8.0% in the first quarter. IFP Advisors Inc now owns 6,312 shares of the exchange traded fund’s stock worth $196,000 after purchasing an additional 470 shares in the last quarter. Finally, Insigneo Advisory Services LLC acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter valued at about $201,000.

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

Shares of RODM stock traded down $0.29 during trading hours on Friday, reaching $33.94. The company had a trading volume of 3,310 shares, compared to its average volume of 88,651. The stock’s fifty day simple moving average is $32.36 and its 200 day simple moving average is $30.68. The company has a market capitalization of $1.15 billion, a P/E ratio of 14.46 and a beta of 0.71. Hartford Multifactor Developed Markets has a twelve month low of $27.01 and a twelve month high of $34.23.

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.