Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Short Interest Down 54.3% in July

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 229,227 shares, a decline of 54.3% from the June 30th total of 502,005 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 72,798 shares, the days-to-cover ratio is currently 3.1 days.

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

Shares of RODM traded up $0.17 during mid-day trading on Tuesday, reaching $41.43. The company had a trading volume of 72,262 shares, compared to its average volume of 101,060. The company’s 50 day simple moving average is $40.98 and its 200 day simple moving average is $40.17. Hartford Multifactor Developed Markets has a 1-year low of $33.67 and a 1-year high of $41.74. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of -96.35 and a beta of 0.65.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in RODM. Howard Financial Services LTD. grew its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.9% during the second quarter. Howard Financial Services LTD. now owns 88,991 shares of the exchange traded fund’s stock worth $3,596,000 after buying an additional 787 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter valued at $227,000. NewEdge Advisors LLC lifted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.4% in the 1st quarter. NewEdge Advisors LLC now owns 80,263 shares of the exchange traded fund’s stock valued at $3,164,000 after acquiring an additional 343 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% during the 1st quarter. Bank of America Corp DE now owns 2,624,425 shares of the exchange traded fund’s stock valued at $103,455,000 after acquiring an additional 15,122 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 11.0% during the 1st quarter. Royal Bank of Canada now owns 226,226 shares of the exchange traded fund’s stock valued at $8,918,000 after acquiring an additional 22,504 shares in the last quarter. Institutional investors own 7.13% of the company’s stock.

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.