Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Short Interest Update

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the target of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,600 shares, an increase of 73.3% from the May 15th total of 1,500 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN boosted its holdings in Hartford Multifactor Emerging Markets ETF by 2.8% during the fourth quarter. Wells Fargo & Company MN now owns 16,680 shares of the company’s stock worth $380,000 after buying an additional 450 shares in the last quarter. Visionary Wealth Advisors boosted its holdings in Hartford Multifactor Emerging Markets ETF by 5.3% during the fourth quarter. Visionary Wealth Advisors now owns 18,195 shares of the company’s stock worth $415,000 after buying an additional 923 shares in the last quarter. Jane Street Group LLC purchased a new stake in Hartford Multifactor Emerging Markets ETF during the fourth quarter worth about $483,000. Raymond James Financial Inc. purchased a new stake in Hartford Multifactor Emerging Markets ETF during the fourth quarter worth about $484,000. Finally, Dynamic Advisor Solutions LLC boosted its holdings in Hartford Multifactor Emerging Markets ETF by 4.9% during the first quarter. Dynamic Advisor Solutions LLC now owns 23,606 shares of the company’s stock worth $556,000 after buying an additional 1,113 shares in the last quarter.

Hartford Multifactor Emerging Markets ETF Stock Down 1.1%

NYSEARCA ROAM traded down $0.28 on Friday, hitting $25.89. 831 shares of the stock were exchanged, compared to its average volume of 7,957. Hartford Multifactor Emerging Markets ETF has a fifty-two week low of $20.75 and a fifty-two week high of $26.22. The company has a market cap of $34.95 million, a PE ratio of 10.42 and a beta of 0.64. The company has a 50-day moving average price of $24.27 and a 200-day moving average price of $23.71.

About Hartford Multifactor Emerging Markets ETF

The Hartford Multifactor Emerging Markets ETF (ROAM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multifactor and quant-driven index of emerging market stocks aimed at reducing concentration risk prevalent in cap-weighted indexes. ROAM was launched on Feb 26, 2015 and is managed by Hartford.