Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Short Interest Down 49.3% in May

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 25,953 shares, a decrease of 49.3% from the April 30th total of 51,233 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 35,033 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Hartford Multifactor US Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in Hartford Multifactor US Equity ETF by 231.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 41,078 shares of the company’s stock worth $2,371,000 after buying an additional 28,692 shares during the period. NorthRock Partners LLC acquired a new stake in Hartford Multifactor US Equity ETF during the 3rd quarter worth $94,277,000. Western Wealth Management LLC raised its stake in Hartford Multifactor US Equity ETF by 6.6% during the 4th quarter. Western Wealth Management LLC now owns 133,860 shares of the company’s stock worth $7,725,000 after buying an additional 8,300 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Hartford Multifactor US Equity ETF by 471.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 17,949 shares of the company’s stock worth $1,036,000 after buying an additional 14,810 shares during the period. Finally, Marshall Financial Group LLC raised its stake in Hartford Multifactor US Equity ETF by 12.6% during the 4th quarter. Marshall Financial Group LLC now owns 85,589 shares of the company’s stock worth $4,939,000 after buying an additional 9,579 shares during the period.

Hartford Multifactor US Equity ETF Price Performance

Shares of ROUS stock traded up $0.40 during trading hours on Monday, reaching $66.69. The company had a trading volume of 28,558 shares, compared to its average volume of 39,308. The company has a 50 day moving average of $62.44 and a 200 day moving average of $60.37. The firm has a market cap of $616.88 million, a price-to-earnings ratio of 18.12 and a beta of 0.84. Hartford Multifactor US Equity ETF has a 1-year low of $51.66 and a 1-year high of $66.77.

Hartford Multifactor US Equity ETF Company Profile

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.