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

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 13,726 shares, a decrease of 40.3% from the August 15th total of 22,990 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 79,663 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

A number of hedge funds have recently modified their holdings of RODM. Cerity Partners LLC grew its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 2.0% during the fourth quarter. Cerity Partners LLC now owns 4,037,300 shares of the exchange traded fund’s stock worth $149,279,000 after acquiring an additional 77,331 shares during the period. Bank of America Corp DE lifted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 0.6% in the first quarter. Bank of America Corp DE now owns 2,624,425 shares of the exchange traded fund’s stock valued at $103,455,000 after acquiring an additional 15,122 shares during the period. WCG Wealth Advisors LLC boosted 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 worth $62,817,000 after purchasing an additional 1,090,433 shares in the last quarter. Cetera Investment Advisers boosted its position in Hartford Multifactor Developed Markets (ex-US) ETF by 1.8% in the 1st quarter. Cetera Investment Advisers now owns 388,444 shares of the exchange traded fund’s stock worth $15,312,000 after purchasing an additional 6,997 shares in the last quarter. Finally, Bearing Point Capital LLC grew its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 17.6% during the 4th quarter. Bearing Point Capital LLC now owns 280,032 shares of the exchange traded fund’s stock worth $10,354,000 after purchasing an additional 41,811 shares during the period. Hedge funds and other institutional investors own 7.13% of the company’s stock.

Hartford Multifactor Developed Markets (ex-US) ETF Price Performance

NYSEARCA:RODM traded down $0.22 during mid-day trading on Wednesday, hitting $41.76. The company’s stock had a trading volume of 128,620 shares, compared to its average volume of 95,257. Hartford Multifactor Developed Markets has a 1 year low of $34.60 and a 1 year high of $42.75. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of -97.12 and a beta of 0.64. The business’s fifty day moving average is $41.73 and its two-hundred day moving average is $40.93.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

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.