Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Sees Significant Decrease in Short Interest

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 11,625 shares, a decline of 58.0% from the November 30th total of 27,702 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 5,478 shares, the days-to-cover ratio is presently 2.1 days. Based on an average daily volume of 5,478 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.7% of the shares of the stock are sold short.

Hartford Multifactor Emerging Markets ETF Stock Up 0.3%

Shares of Hartford Multifactor Emerging Markets ETF stock opened at $29.04 on Friday. Hartford Multifactor Emerging Markets ETF has a twelve month low of $20.75 and a twelve month high of $30.13. The business has a 50-day moving average price of $29.07 and a 200-day moving average price of $27.69. The firm has a market cap of $50.82 million, a price-to-earnings ratio of 11.22 and a beta of 0.66.

Institutional Trading of Hartford Multifactor Emerging Markets ETF

A number of large investors have recently added to or reduced their stakes in ROAM. Stratos Wealth Partners LTD. boosted its holdings in shares of Hartford Multifactor Emerging Markets ETF by 79.7% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 437,320 shares of the company’s stock worth $11,510,000 after purchasing an additional 193,969 shares during the period. J.W. Cole Advisors Inc. purchased a new stake in Hartford Multifactor Emerging Markets ETF during the 2nd quarter valued at $212,000. Twin Peaks Wealth Advisors LLC bought a new stake in Hartford Multifactor Emerging Markets ETF in the second quarter worth $53,000. Fermata Advisors LLC boosted its stake in Hartford Multifactor Emerging Markets ETF by 11.4% during the third quarter. Fermata Advisors LLC now owns 35,032 shares of the company’s stock worth $976,000 after buying an additional 3,584 shares during the period. Finally, Empirical Asset Management LLC purchased a new position in Hartford Multifactor Emerging Markets ETF during the third quarter worth $610,000.

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.