Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Sees Large Decrease in Short Interest

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 25,953 shares, a decline of 49.3% from the April 30th total of 51,233 shares. Based on an average trading volume of 35,033 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of Hartford Multifactor US Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP boosted its stake in Hartford Multifactor US Equity ETF by 224.7% in the 3rd quarter. Allworth Financial LP now owns 1,367 shares of the company’s stock valued at $79,000 after purchasing an additional 946 shares during the period. Keystone Financial Group bought a new stake in Hartford Multifactor US Equity ETF in the 3rd quarter valued at $93,000. International Assets Investment Management LLC bought a new stake in Hartford Multifactor US Equity ETF in the 1st quarter valued at $94,000. Optima Capital LLC bought a new stake in Hartford Multifactor US Equity ETF in the 4th quarter valued at $100,000. Finally, UMB Bank n.a. bought a new stake in Hartford Multifactor US Equity ETF in the 4th quarter valued at $153,000.

Hartford Multifactor US Equity ETF Stock Up 0.5%

Shares of NYSEARCA ROUS traded up $0.34 during midday trading on Tuesday, hitting $67.03. 48,820 shares of the company’s stock were exchanged, compared to its average volume of 39,399. Hartford Multifactor US Equity ETF has a 12 month low of $52.08 and a 12 month high of $67.07. The company’s 50 day moving average price is $62.58 and its 200 day moving average price is $60.43. The firm has a market capitalization of $620.03 million, a PE ratio of 18.12 and a beta of 0.84.

Hartford Multifactor US Equity ETF Company Profile

The Hartford Multifactor US Equity ETF (ROUS) is an exchange-traded fund that is based on the Hartford Multi-factor Large Cap index. The fund tracks an index of US large-cap stocks. The index relies on value, momentum and quality factors, among others. ROUS was launched on Feb 25, 2015 and is managed by Hartford.