Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) Sees Significant Growth in Short Interest

Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 10,917 shares, a growth of 144.2% from the June 30th total of 4,471 shares. Based on an average trading volume of 8,040 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.4% of the company’s stock are sold short.

Hartford Disciplined US Equity ETF Stock Performance

HDUS traded down $0.85 during trading on Wednesday, hitting $70.65. The stock had a trading volume of 19,425 shares, compared to its average volume of 7,814. The company has a market capitalization of $196.41 million, a PE ratio of 22.11 and a beta of 0.94. Hartford Disciplined US Equity ETF has a twelve month low of $59.99 and a twelve month high of $72.80. The stock has a 50 day simple moving average of $71.25 and a two-hundred day simple moving average of $68.09.

Institutional Investors Weigh In On Hartford Disciplined US Equity ETF

An institutional investor recently raised its position in Hartford Disciplined US Equity ETF stock. JPMorgan Chase & Co. increased its stake in shares of Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) by 12.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,380 shares of the company’s stock after acquiring an additional 2,030 shares during the period. JPMorgan Chase & Co. owned about 0.79% of Hartford Disciplined US Equity ETF worth $1,183,000 as of its most recent filing with the Securities & Exchange Commission.

About Hartford Disciplined US Equity ETF

The Hartford Disciplined US Equity ETF (HDUS) is an exchange-traded fund that is based on the Hartford Disciplined US Equity index. The fund is passively managed to invest in a broad portfolio of US large-cap stocks that target balanced exposures across value, momentum, and quality factors at lower volatility level, while controlling overall active risk factors. HDUS was launched on Nov 16, 2022 and is managed by Hartford.