Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Short Interest Update

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 161,569 shares, a growth of 146.7% from the April 30th total of 65,484 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 89,665 shares, the days-to-cover ratio is currently 1.8 days.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Down 0.8%

Shares of RODM traded down $0.33 during trading hours on Monday, reaching $41.03. 78,909 shares of the company traded hands, compared to its average volume of 102,483. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of -95.42 and a beta of 0.65. Hartford Multifactor Developed Markets has a 12-month low of $33.33 and a 12-month high of $41.74. The stock’s fifty day moving average price is $40.58 and its 200 day moving average price is $38.98.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

A number of institutional investors have recently modified their holdings of RODM. WCG Wealth Advisors LLC lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the 4th quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock worth $62,817,000 after buying an additional 1,090,433 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 59.1% in the 3rd quarter. Raymond James Financial Inc. now owns 892,015 shares of the exchange traded fund’s stock worth $31,689,000 after buying an additional 331,480 shares during the period. Susquehanna International Group LLP purchased a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 3rd quarter worth $11,161,000. LPL Financial LLC lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 23.4% in the 4th quarter. LPL Financial LLC now owns 1,089,891 shares of the exchange traded fund’s stock worth $40,299,000 after buying an additional 206,980 shares during the period. Finally, Vawter Financial Ltd. purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter valued at about $5,075,000. 7.13% of the stock is owned by hedge funds and other institutional investors.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

Direct Markets Holdings Corp., formerly Rodman & Renshaw Capital Group, Inc, is a holding company. Through its subsidiaries, it is engaged in the investment banking business. The Company’s principal operating subsidiary is Rodman & Renshaw, LLC (R&R). It is an investment bank, which provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. It also provides research and sales and trading services to institutional investors.