Hartford US Value ETF (BATS:VMAX) Short Interest Up 434.2% in August

Hartford US Value ETF (BATS:VMAX) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 625 shares, a growth of 434.2% from the August 15th total of 117 shares. Based on an average daily volume of 717 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

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

Hartford US Value ETF Stock Up 0.6%

Shares of VMAX opened at $65.19 on Friday. Hartford US Value ETF has a 12-month low of $51.19 and a 12-month high of $65.74. The business’s fifty day moving average is $64.24 and its 200 day moving average is $60.84. The stock has a market cap of $57.04 million, a P/E ratio of 13.58 and a beta of 0.79.

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.