Short Interest in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Expands By 79.9%

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 15,951 shares, an increase of 79.9% from the August 15th total of 8,867 shares. Based on an average trading volume of 55,589 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC bought a new position in Hartford Multifactor US Equity ETF in the first quarter worth approximately $94,000. Allworth Financial LP boosted its position in Hartford Multifactor US Equity ETF by 47.5% during the 4th quarter. Allworth Financial LP now owns 2,017 shares of the company’s stock valued at $116,000 after acquiring an additional 650 shares in the last quarter. Harborfront Financial Group LLC bought a new stake in Hartford Multifactor US Equity ETF during the 4th quarter valued at $327,000. Arkadios Wealth Advisors purchased a new position in shares of Hartford Multifactor US Equity ETF in the 1st quarter valued at $776,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Hartford Multifactor US Equity ETF by 8.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,459 shares of the company’s stock worth $777,000 after acquiring an additional 1,073 shares in the last quarter.

Hartford Multifactor US Equity ETF Stock Performance

Hartford Multifactor US Equity ETF stock traded up $0.55 during midday trading on Thursday, hitting $67.41. 44,196 shares of the company’s stock were exchanged, compared to its average volume of 45,815. The company has a market cap of $707.80 million, a PE ratio of 18.12 and a beta of 0.83. The firm has a 50-day moving average of $67.46 and a two-hundred day moving average of $64.87. Hartford Multifactor US Equity ETF has a 12 month low of $55.39 and a 12 month high of $69.30.

About Hartford Multifactor US Equity ETF

The Hartford Multifactor US Equity ETF (ROUS) is an exchange-traded fund that is based on the Hartford Multi-factor Large Cap index. The fund tracks an index of US large-cap stocks. The index relies on value, momentum and quality factors, among others. ROUS was launched on Feb 25, 2015 and is managed by Hartford.