Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Short Interest Up 64.7% in July
by Mitch Edgeman · The Markets DailyHartford Multifactor US Equity ETF (NYSEARCA:ROUS – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 51,111 shares, a growth of 64.7% from the July 15th total of 31,024 shares. Based on an average trading volume of 49,552 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the shares of the company are sold short.
Institutional Investors Weigh In On Hartford Multifactor US Equity ETF
A number of institutional investors have recently added to or reduced their stakes in the business. Keystone Financial Group purchased a new position in shares of Hartford Multifactor US Equity ETF during the 3rd quarter worth approximately $93,000. International Assets Investment Management LLC purchased a new stake in shares of Hartford Multifactor US Equity ETF in the first quarter valued at approximately $94,000. Allworth Financial LP boosted its stake in shares of Hartford Multifactor US Equity ETF by 47.5% in the fourth quarter. Allworth Financial LP now owns 2,017 shares of the company’s stock valued at $116,000 after buying an additional 650 shares in the last quarter. UMB Bank n.a. acquired a new position in Hartford Multifactor US Equity ETF during the fourth quarter worth $153,000. Finally, Lido Advisors LLC acquired a new position in Hartford Multifactor US Equity ETF during the fourth quarter worth $204,000.
Hartford Multifactor US Equity ETF Trading Down 0.8%
Shares of Hartford Multifactor US Equity ETF stock traded down $0.55 on Tuesday, reaching $68.39. 45,443 shares of the stock were exchanged, compared to its average volume of 45,495. Hartford Multifactor US Equity ETF has a 1-year low of $54.85 and a 1-year high of $69.30. The business has a fifty day moving average price of $66.98 and a two-hundred day moving average price of $63.77. The firm has a market capitalization of $718.10 million, a PE ratio of 18.12 and a beta of 0.83.
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.