Hartford US Quality Growth ETF (NASDAQ:HQGO) Sees Significant Decrease in Short Interest

Hartford US Quality Growth ETF (NASDAQ:HQGO) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 13 shares, a decrease of 99.4% from the September 30th total of 2,309 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,068 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Hartford US Quality Growth ETF

An institutional investor recently bought a new position in Hartford US Quality Growth ETF stock. Citadel Advisors LLC bought a new stake in shares of Hartford US Quality Growth ETF (NASDAQ:HQGO) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 21,812 shares of the company’s stock, valued at approximately $1,428,000. Citadel Advisors LLC owned about 2.91% of Hartford US Quality Growth ETF at the end of the most recent quarter.

Hartford US Quality Growth ETF Stock Up 0.5%

Shares of NASDAQ HQGO traded up $0.33 on Monday, reaching $67.26. 46 shares of the company’s stock traded hands, compared to its average volume of 662. Hartford US Quality Growth ETF has a 12 month low of $55.00 and a 12 month high of $68.58. The company has a market cap of $3.36 million, a price-to-earnings ratio of 27.05 and a beta of 1.06. The business’s 50 day simple moving average is $67.40 and its two-hundred day simple moving average is $63.49.

Hartford US Quality Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Friday, September 25th were issued a dividend of $0.0959 per share. The ex-dividend date was Friday, September 25th. This is a boost from Hartford US Quality Growth ETF’s previous quarterly dividend of $0.0651. This represents a $0.38 annualized dividend and a dividend yield of 0.6%.

Hartford US Quality Growth ETF Company Profile

The Hartford US Quality Growth ETF (HQGO) is an exchange-traded fund that is based on the Hartford US Quality Growth index. The fund tracks a multifactor index of US large-cap stocks with strong growth potential, while also increasing exposure to quality and momentum. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. HQGO was launched on Dec 5, 2023 and is issued by The Hartford.