Short Interest in Hartford Strategic Income ETF (BATS:HFSI) Declines By 56.1%

Hartford Strategic Income ETF (BATS:HFSI) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 70,605 shares, a decrease of 56.1% from the April 15th total of 160,948 shares. Based on an average daily volume of 106,148 shares, the short-interest ratio is presently 0.7 days. Approximately 1.8% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC bought a new position in Hartford Strategic Income ETF in the third quarter worth approximately $6,729,000. JPMorgan Chase & Co. bought a new position in Hartford Strategic Income ETF in the third quarter worth approximately $1,739,000. Modern Wealth Management LLC boosted its holdings in Hartford Strategic Income ETF by 54.8% in the third quarter. Modern Wealth Management LLC now owns 518,208 shares of the company’s stock worth $18,427,000 after acquiring an additional 183,549 shares in the last quarter. Surience Private Wealth LLC bought a new position in Hartford Strategic Income ETF in the fourth quarter worth approximately $2,177,000. Finally, Envestnet Asset Management Inc. bought a new position in Hartford Strategic Income ETF in the third quarter worth approximately $4,628,000.

Hartford Strategic Income ETF Stock Performance

Shares of Hartford Strategic Income ETF stock opened at $35.00 on Friday. The stock’s 50-day moving average is $35.13 and its 200 day moving average is $35.50. Hartford Strategic Income ETF has a one year low of $34.08 and a one year high of $36.03.

About Hartford Strategic Income ETF

The Hartford Strategic Income ETF is an actively managed exchange-traded fund that seeks to provide current income and long-term total return. The fund invests in a diversified portfolio of domestic and foreign debt securities, including both investment-grade and non-investment-grade bonds, across various sectors and maturities. It employs a flexible investment strategy, allowing allocation across different fixed-income sectors based on market conditions.