Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Large Drop in Short Interest

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 13,726 shares, a drop of 40.3% from the August 15th total of 22,990 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 79,663 shares, the short-interest ratio is currently 0.2 days.

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

Several hedge funds have recently made changes to their positions in the company. Cerity Partners LLC lifted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 2.0% during the 4th quarter. Cerity Partners LLC now owns 4,037,300 shares of the exchange traded fund’s stock worth $149,279,000 after acquiring an additional 77,331 shares during the period. Bank of America Corp DE raised its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% in the first quarter. Bank of America Corp DE now owns 2,624,425 shares of the exchange traded fund’s stock worth $103,455,000 after purchasing an additional 15,122 shares during the last quarter. WCG Wealth Advisors LLC raised its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the fourth quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock worth $62,817,000 after purchasing an additional 1,090,433 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 1.8% during the first quarter. Cetera Investment Advisers now owns 388,444 shares of the exchange traded fund’s stock worth $15,312,000 after purchasing an additional 6,997 shares during the period. Finally, Bearing Point Capital LLC lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 17.6% during the fourth quarter. Bearing Point Capital LLC now owns 280,032 shares of the exchange traded fund’s stock worth $10,354,000 after purchasing an additional 41,811 shares during the period. 7.13% of the stock is owned by institutional investors and hedge funds.

Hartford Multifactor Developed Markets (ex-US) ETF Price Performance

NYSEARCA:RODM traded down $0.22 during trading hours on Wednesday, hitting $41.76. 128,620 shares of the company were exchanged, compared to its average volume of 95,257. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of -97.12 and a beta of 0.64. Hartford Multifactor Developed Markets has a 52-week low of $34.60 and a 52-week high of $42.75. The company’s 50 day moving average price is $41.73 and its 200-day moving average price is $40.93.

About Hartford Multifactor Developed Markets (ex-US) ETF

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.