Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Significant Decrease in Short Interest

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 229,227 shares, a drop of 54.3% from the June 30th total of 502,005 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 72,798 shares, the days-to-cover ratio is currently 3.1 days.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Up 0.4%

Shares of RODM stock traded up $0.17 during mid-day trading on Tuesday, reaching $41.43. 72,262 shares of the stock traded hands, compared to its average volume of 101,060. The company has a market cap of $1.61 billion, a price-to-earnings ratio of -96.35 and a beta of 0.65. The stock’s fifty day simple moving average is $40.98 and its two-hundred day simple moving average is $40.17. Hartford Multifactor Developed Markets has a 1-year low of $33.67 and a 1-year high of $41.74.

Institutional Investors Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Several hedge funds have recently added to or reduced their stakes in RODM. WCG Wealth Advisors LLC increased its position in Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% in the 4th quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock valued at $62,817,000 after acquiring an additional 1,090,433 shares during the period. Raymond James Financial Inc. raised its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 59.1% during the third quarter. Raymond James Financial Inc. now owns 892,015 shares of the exchange traded fund’s stock valued at $31,689,000 after acquiring an additional 331,480 shares during the last quarter. Susquehanna International Group LLP acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the third quarter worth $11,161,000. LPL Financial LLC lifted its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 23.4% during the fourth quarter. LPL Financial LLC now owns 1,089,891 shares of the exchange traded fund’s stock worth $40,299,000 after purchasing an additional 206,980 shares during the period. Finally, Stifel Financial Corp grew its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 1,499.5% in the fourth quarter. Stifel Financial Corp now owns 109,646 shares of the exchange traded fund’s stock worth $4,054,000 after purchasing an additional 102,791 shares during the last quarter. 7.13% of the stock is currently owned by institutional investors and hedge funds.

About Hartford Multifactor Developed Markets (ex-US) ETF

Direct Markets Holdings Corp., formerly Rodman & Renshaw Capital Group, Inc, is a holding company. Through its subsidiaries, it is engaged in the investment banking business. The Company’s principal operating subsidiary is Rodman & Renshaw, LLC (R&R). It is an investment bank, which provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. It also provides research and sales and trading services to institutional investors.