Short Interest in Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Drops By 82.7%

Hartford Multifactor US Equity ETF (NYSEARCA:ROUSGet Free Report) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 8,867 shares, a drop of 82.7% from the July 30th total of 51,111 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 77,150 shares, the days-to-cover ratio is presently 0.1 days.

Hartford Multifactor US Equity ETF Stock Performance

ROUS stock traded down $0.46 during midday trading on Friday, hitting $67.92. 100,487 shares of the company’s stock were exchanged, compared to its average volume of 46,117. Hartford Multifactor US Equity ETF has a one year low of $55.20 and a one year high of $69.30. The company has a market cap of $713.16 million, a PE ratio of 18.12 and a beta of 0.83. The stock’s fifty day moving average price is $67.26 and its 200-day moving average price is $64.24.

Hedge Funds Weigh In On Hartford Multifactor US Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. International Assets Investment Management LLC acquired a new stake in Hartford Multifactor US Equity ETF during the 1st quarter worth approximately $94,000. Keystone Financial Group acquired a new position in shares of Hartford Multifactor US Equity ETF in the third quarter valued at approximately $93,000. Allworth Financial LP increased its position in shares of Hartford Multifactor US Equity ETF by 47.5% during the fourth quarter. Allworth Financial LP now owns 2,017 shares of the company’s stock worth $116,000 after acquiring an additional 650 shares in the last quarter. UMB Bank n.a. bought a new stake in shares of Hartford Multifactor US Equity ETF during the fourth quarter worth $153,000. Finally, Lido Advisors LLC bought a new stake in shares of Hartford Multifactor US Equity ETF during the fourth quarter worth $204,000.

Hartford Multifactor US Equity ETF Company Profile

(Get Free Report)

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.

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