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

Hartford Multifactor US Equity ETF (NYSEARCA:ROUS) saw 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 volume of 49,552 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Trading of Hartford Multifactor US Equity ETF

Several large investors have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Hartford Multifactor US Equity ETF by 21.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 24,967 shares of the company’s stock worth $1,683,000 after buying an additional 4,364 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Hartford Multifactor US Equity ETF by 19.1% in the 1st quarter. NewEdge Advisors LLC now owns 69,954 shares of the company’s stock worth $4,130,000 after acquiring an additional 11,239 shares in the last quarter. Western Wealth Management LLC grew its position in Hartford Multifactor US Equity ETF by 12.4% during the 1st quarter. Western Wealth Management LLC now owns 150,426 shares of the company’s stock worth $8,881,000 after acquiring an additional 16,566 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in Hartford Multifactor US Equity ETF during the 1st quarter worth approximately $776,000. Finally, Royal Bank of Canada increased its holdings in Hartford Multifactor US Equity ETF by 74.0% during the 1st quarter. Royal Bank of Canada now owns 181,332 shares of the company’s stock valued at $10,706,000 after purchasing an additional 77,140 shares in the last quarter.

Hartford Multifactor US Equity ETF Stock Performance

ROUS opened at $68.39 on Wednesday. The firm has a market cap of $718.10 million, a price-to-earnings ratio of 18.12 and a beta of 0.83. The firm’s 50-day simple moving average is $67.03 and its 200-day simple moving average is $63.83. Hartford Multifactor US Equity ETF has a twelve month low of $54.85 and a twelve month high of $69.30.

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.