Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Short Interest Down 24.7% in December

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 8,758 shares, a drop of 24.7% from the December 15th total of 11,625 shares. Based on an average trading volume of 7,211 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 7,211 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On Hartford Multifactor Emerging Markets ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Stratos Wealth Partners LTD. grew its position in 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 valued at $11,510,000 after acquiring an additional 193,969 shares in the last quarter. Fermata Advisors LLC boosted its stake in shares of Hartford Multifactor Emerging Markets ETF by 8.0% in the fourth quarter. Fermata Advisors LLC now owns 37,831 shares of the company’s stock valued at $1,102,000 after purchasing an additional 2,799 shares during the period. Citadel Advisors LLC acquired a new position in shares of Hartford Multifactor Emerging Markets ETF in the third quarter valued at approximately $797,000. Raymond James Financial Inc. increased its stake in Hartford Multifactor Emerging Markets ETF by 43.4% during the 3rd quarter. Raymond James Financial Inc. now owns 25,060 shares of the company’s stock worth $698,000 after buying an additional 7,579 shares during the period. Finally, Empirical Asset Management LLC acquired a new stake in Hartford Multifactor Emerging Markets ETF during the 3rd quarter worth approximately $610,000.

Hartford Multifactor Emerging Markets ETF Price Performance

Shares of NYSEARCA:ROAM traded down $0.18 during mid-day trading on Friday, reaching $30.47. 14,953 shares of the company were exchanged, compared to its average volume of 25,223. Hartford Multifactor Emerging Markets ETF has a 1 year low of $20.75 and a 1 year high of $30.93. The firm’s 50-day simple moving average is $29.33 and its 200 day simple moving average is $28.13. The firm has a market cap of $63.99 million, a price-to-earnings ratio of 11.22 and a beta of 0.66.

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.