Hartford US Quality Growth ETF (NASDAQ:HQGO) Sees Significant Drop in Short Interest

Hartford US Quality Growth ETF (NASDAQ:HQGO) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 13 shares, a drop of 99.4% from the September 30th total of 2,309 shares. Based on an average daily volume of 1,068 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Hartford US Quality Growth ETF Stock Up 0.7%

Shares of NASDAQ:HQGO opened at $67.79 on Wednesday. The business’s 50 day moving average is $67.39 and its 200 day moving average is $63.52. The stock has a market cap of $3.39 million, a P/E ratio of 27.05 and a beta of 1.06. Hartford US Quality Growth ETF has a 52-week low of $55.00 and a 52-week high of $68.58.

Hartford US Quality Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Friday, September 25th were paid a $0.0959 dividend. This represents a $0.38 annualized dividend and a yield of 0.6%. This is a positive change from Hartford US Quality Growth ETF’s previous quarterly dividend of $0.0651. The ex-dividend date was Friday, September 25th.

Hedge Funds Weigh In On Hartford US Quality Growth ETF

An institutional investor recently bought a new stake in Hartford US Quality Growth ETF stock. Citadel Advisors LLC acquired a new position in shares of Hartford US Quality Growth ETF (NASDAQ:HQGO) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21,812 shares of the company’s stock, valued at approximately $1,428,000. Citadel Advisors LLC owned 2.91% of Hartford US Quality Growth ETF at the end of the most recent quarter.

Hartford US Quality Growth ETF Company Profile

The Hartford US Quality Growth ETF (HQGO) is an exchange-traded fund that is based on the Hartford US Quality Growth index. The fund tracks a multifactor index of US large-cap stocks with strong growth potential, while also increasing exposure to quality and momentum. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. HQGO was launched on Dec 5, 2023 and is issued by The Hartford.