Short Interest in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Increases By 236.3%

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 29,454 shares, a growth of 236.3% from the December 31st total of 8,758 shares. Based on an average daily volume of 26,306 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.3% of the shares of the stock are sold short. Approximately 1.3% of the shares of the stock are sold short. Based on an average daily volume of 26,306 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Private Trust Co. NA raised its stake in Hartford Multifactor Emerging Markets ETF by 215.2% during the fourth quarter. Private Trust Co. NA now owns 4,491 shares of the company’s stock worth $131,000 after purchasing an additional 3,066 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of Hartford Multifactor Emerging Markets ETF by 24.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 490,080 shares of the company’s stock valued at $14,278,000 after buying an additional 96,293 shares during the period. Fermata Advisors LLC lifted its holdings in 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 acquiring an additional 2,799 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Hartford Multifactor Emerging Markets ETF during the third quarter worth $797,000. Finally, Raymond James Financial Inc. lifted its stake in shares of Hartford Multifactor Emerging Markets ETF by 43.4% in the 3rd quarter. Raymond James Financial Inc. now owns 25,060 shares of the company’s stock valued at $698,000 after purchasing an additional 7,579 shares during the last quarter.

Hartford Multifactor Emerging Markets ETF Stock Performance

Shares of ROAM stock traded up $0.20 during trading hours on Wednesday, reaching $32.01. The company had a trading volume of 9,798 shares, compared to its average volume of 24,067. Hartford Multifactor Emerging Markets ETF has a 12-month low of $20.75 and a 12-month high of $33.12. The company has a market capitalization of $70.42 million, a price-to-earnings ratio of 11.22 and a beta of 0.66. The stock has a fifty day moving average of $29.63 and a 200-day moving average of $28.38.

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.