Short Interest in Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Drops By 46.8%

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 85,970 shares, a decrease of 46.8% from the May 14th total of 161,569 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 84,473 shares, the short-interest ratio is currently 1.0 days.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Up 0.1%

Shares of RODM stock traded up $0.04 during trading hours on Friday, hitting $41.50. The company’s stock had a trading volume of 37,771 shares, compared to its average volume of 101,267. The company has a 50 day moving average of $40.97 and a 200 day moving average of $39.28. The stock has a market cap of $1.50 billion, a PE ratio of -96.51 and a beta of 0.64. Hartford Multifactor Developed Markets has a 12-month low of $33.33 and a 12-month high of $41.74.

Hedge Funds Weigh In On Hartford Multifactor Developed Markets (ex-US) ETF

Large investors have recently made changes to their positions in the company. Ascentis Independent Advisors acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter valued at $39,000. Flagship Harbor Advisors LLC acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at $49,000. Webster Bank N. A. acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter valued at $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at $74,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at $112,000. 7.13% of the stock is currently owned by institutional investors and hedge funds.

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.