Short Interest in Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Declines By 93.0%

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 16,045 shares, a decrease of 93.0% from the July 15th total of 229,227 shares. Based on an average daily volume of 74,097 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

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

A number of large investors have recently modified their holdings of RODM. Howard Financial Services LTD. raised its holdings in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 0.9% during the 2nd quarter. Howard Financial Services LTD. now owns 88,991 shares of the exchange traded fund’s stock valued at $3,596,000 after buying an additional 787 shares during the period. Western Wealth Management LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter worth approximately $227,000. NewEdge Advisors LLC boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 0.4% in the 1st quarter. NewEdge Advisors LLC now owns 80,263 shares of the exchange traded fund’s stock worth $3,164,000 after acquiring an additional 343 shares during the period. Bank of America Corp DE grew its position 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 in the last quarter. Finally, Royal Bank of Canada grew its position in Hartford Multifactor Developed Markets (ex-US) ETF by 11.0% in the first quarter. Royal Bank of Canada now owns 226,226 shares of the exchange traded fund’s stock valued at $8,918,000 after acquiring an additional 22,504 shares in the last quarter. Institutional investors and hedge funds own 7.13% of the company’s stock.

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

NYSEARCA RODM traded down $0.05 during trading hours on Tuesday, hitting $42.01. The company had a trading volume of 88,025 shares, compared to its average volume of 98,431. The firm’s 50 day moving average is $41.07 and its 200 day moving average is $40.49. Hartford Multifactor Developed Markets has a fifty-two week low of $34.59 and a fifty-two week high of $42.40. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of -97.70 and a beta of 0.64.

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.