Hartford US Value ETF (BATS:VMAX) Stock Short Interest Drops 98.8%

Hartford US Value ETF (BATS:VMAX) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 13 shares, a decrease of 98.8% from the September 15th total of 1,066 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,711 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Hartford US Value ETF stock. Wedbush Securities Inc. bought a new position in Hartford US Value ETF (BATS:VMAX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,563 shares of the company’s stock, valued at approximately $253,000. Wedbush Securities Inc. owned 0.41% of Hartford US Value ETF at the end of the most recent quarter.

Hartford US Value ETF Price Performance

Shares of VMAX stock traded up $0.03 during trading hours on Friday, reaching $63.47. 111 shares of the company’s stock were exchanged, compared to its average volume of 963. The company has a market cap of $55.54 million, a P/E ratio of 13.58 and a beta of 0.79. Hartford US Value ETF has a 1 year low of $51.19 and a 1 year high of $65.74. The company’s 50 day moving average is $64.38 and its two-hundred day moving average is $61.81.

About Hartford US Value ETF

The Hartford US Value ETF (VMAX) is an exchange-traded fund that is based on the Hartford US Value index. The fund tracks a multifactor index of US large-cap stocks with favorable value characteristics and comparatively lower market valuations. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. VMAX was launched on Dec 5, 2023 and is issued by The Hartford.