Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Short Interest Update

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 6,109 shares, a decline of 41.6% from the May 31st total of 10,459 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 24,873 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC bought a new stake in Hartford Multifactor Emerging Markets ETF in the first quarter valued at $36,000. Torren Management LLC bought a new position in Hartford Multifactor Emerging Markets ETF during the 1st quarter worth approximately $43,000. Private Trust Co. NA boosted its stake in Hartford Multifactor Emerging Markets ETF by 215.2% during the 4th quarter. Private Trust Co. NA now owns 4,491 shares of the company’s stock worth $131,000 after acquiring an additional 3,066 shares during the last quarter. Raymond James Financial Inc. raised its position in Hartford Multifactor Emerging Markets ETF by 43.4% during the third quarter. Raymond James Financial Inc. now owns 25,060 shares of the company’s stock worth $698,000 after acquiring an additional 7,579 shares in the last quarter. Finally, Mariner LLC lifted its stake in Hartford Multifactor Emerging Markets ETF by 1.5% in the fourth quarter. Mariner LLC now owns 25,366 shares of the company’s stock valued at $739,000 after acquiring an additional 377 shares during the last quarter.

Hartford Multifactor Emerging Markets ETF Stock Down 1.0%

ROAM stock traded down $0.36 during mid-day trading on Wednesday, reaching $35.41. 19,671 shares of the stock traded hands, compared to its average volume of 30,872. The firm has a market capitalization of $111.54 million, a PE ratio of 11.22 and a beta of 0.69. The business has a 50-day moving average of $35.53 and a two-hundred day moving average of $32.69. Hartford Multifactor Emerging Markets ETF has a 52 week low of $26.03 and a 52 week high of $37.76.

About Hartford Multifactor Emerging Markets ETF

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.