Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) Short Interest Up 64.7% in July

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 51,111 shares, a growth of 64.7% from the July 15th total of 31,024 shares. Based on an average daily trading volume, of 49,552 shares, the short-interest ratio is currently 1.0 days. Currently, 0.5% of the shares of the stock are short sold.

Hartford Multifactor US Equity ETF Price Performance

Shares of Hartford Multifactor US Equity ETF stock traded down $0.19 during trading hours on Monday, reaching $68.94. The company’s stock had a trading volume of 30,453 shares, compared to its average volume of 45,496. Hartford Multifactor US Equity ETF has a one year low of $54.85 and a one year high of $69.30. The firm has a 50 day moving average price of $66.92 and a 200-day moving average price of $63.71. The stock has a market cap of $723.87 million, a P/E ratio of 18.12 and a beta of 0.83.

Institutional Investors Weigh In On Hartford Multifactor US Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in shares of Hartford Multifactor US Equity ETF by 313.5% during the 1st quarter. Royal Bank of Canada now owns 61,248 shares of the company’s stock worth $3,107,000 after purchasing an additional 46,437 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Hartford Multifactor US Equity ETF during the first quarter valued at approximately $298,000. Jane Street Group LLC boosted its position in shares of Hartford Multifactor US Equity ETF by 46.2% during the first quarter. Jane Street Group LLC now owns 5,795 shares of the company’s stock valued at $294,000 after buying an additional 1,830 shares during the period. NewEdge Advisors LLC grew its stake in shares of Hartford Multifactor US Equity ETF by 18.4% during the second quarter. NewEdge Advisors LLC now owns 22,488 shares of the company’s stock valued at $1,207,000 after buying an additional 3,502 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in shares of Hartford Multifactor US Equity ETF by 32.2% during the second quarter. Main Street Financial Solutions LLC now owns 25,135 shares of the company’s stock valued at $1,349,000 after buying an additional 6,121 shares during the last quarter.

About Hartford Multifactor US Equity ETF

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.