Hartford US Value ETF (BATS:VMAX) Sees Significant Growth in Short Interest

Hartford US Value ETF (BATS:VMAX) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 129 shares, an increase of 12,800.0% from the October 15th total of 1 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 197 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Hartford US Value ETF

An institutional investor recently bought a new stake in Hartford US Value ETF stock. Wedbush Securities Inc. acquired a new position in shares of Hartford US Value ETF (BATS:VMAX) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,563 shares of the company’s stock, valued at approximately $253,000. Wedbush Securities Inc. owned about 0.41% of Hartford US Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Hartford US Value ETF Stock Performance

VMAX traded up $0.30 during mid-day trading on Tuesday, reaching $66.60. 11 shares of the stock were exchanged, compared to its average volume of 884. Hartford US Value ETF has a 1 year low of $51.19 and a 1 year high of $67.56. The stock has a market capitalization of $3.33 million, a PE ratio of 12.93 and a beta of 0.72. The company has a 50 day moving average price of $64.66 and a two-hundred day moving average price of $61.16.

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.