Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Stock Short Interest Falls 64.8%

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 14,561 shares, a drop of 64.8% from the September 15th total of 41,389 shares. Based on an average trading volume of 82,125 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

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

Shares of Hartford Multifactor Developed Markets (ex-US) ETF stock traded down $0.07 on Monday, reaching $40.75. The company had a trading volume of 97,538 shares, compared to its average volume of 93,590. The firm’s 50 day moving average price is $41.77 and its two-hundred day moving average price is $41.14. Hartford Multifactor Developed Markets has a 52-week low of $34.60 and a 52-week high of $42.75. The firm has a market cap of $1.62 billion, a PE ratio of -94.76 and a beta of 0.64.

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

Institutional investors have recently added to or reduced their stakes in the stock. Ascentis Independent Advisors purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the first quarter worth about $39,000. Webster Bank N. A. acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter worth approximately $60,000. Fifth Third Bancorp acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter worth approximately $115,000. Onyx Bridge Wealth Group LLC acquired a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter worth approximately $205,000. Finally, Western Wealth Management LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter valued at approximately $227,000. Institutional investors and hedge funds own 7.13% of the company’s stock.

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.