Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Short Interest Down 93.0% in July

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 16,045 shares, a drop of 93.0% from the July 15th total of 229,227 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 74,097 shares, the short-interest ratio is presently 0.2 days.

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

NYSEARCA:RODM traded up $0.06 during trading hours on Thursday, hitting $42.20. 39,745 shares of the company were exchanged, compared to its average volume of 97,752. The company’s 50 day moving average price is $41.09 and its 200-day moving average price is $40.52. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of -98.14 and a beta of 0.64. Hartford Multifactor Developed Markets has a 52-week low of $34.60 and a 52-week high of $42.40.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Hedge funds have recently added to or reduced their stakes in the company. Ascentis Independent Advisors acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter worth approximately $39,000. Flagship Harbor Advisors LLC acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at about $49,000. Webster Bank N. A. purchased a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the first quarter valued at approximately $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter worth approximately $74,000. Finally, Fifth Third Bancorp acquired a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the first quarter worth $115,000. 7.13% of the stock is owned by hedge funds and other institutional investors.

About Hartford Multifactor Developed Markets (ex-US) ETF

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.