Hartford US Value ETF (BATS:VMAX) Sees Significant Growth in Short Interest

Hartford US Value ETF (BATS:VMAX) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 129 shares, an increase of 12,800.0% from the October 15th total of 1 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 197 shares, the short-interest ratio is currently 0.7 days.

Hartford US Value ETF Stock Performance

Shares of VMAX traded up $0.30 during mid-day trading on Tuesday, reaching $66.60. 11 shares of the company were exchanged, compared to its average volume of 884. The stock has a market capitalization of $3.33 million, a PE ratio of 12.93 and a beta of 0.72. The business has a 50 day simple moving average of $64.66 and a two-hundred day simple moving average of $61.16. Hartford US Value ETF has a 52 week low of $51.19 and a 52 week high of $67.56.

Hedge Funds Weigh In On Hartford US Value ETF

An institutional investor recently bought a new position in Hartford US Value ETF stock. Wedbush Securities Inc. purchased a new position in shares of Hartford US Value ETF (BATS:VMAX) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,563 shares of the company’s stock, valued at approximately $253,000. Wedbush Securities Inc. owned 0.41% of Hartford US Value ETF as of its most recent filing with the SEC.

Hartford US Value ETF Company Profile

The Hartford US Value ETF (VMAX) is an exchange-traded fund that is based on the Hartford US Value index. The fund tracks a multifactor index of US large-cap stocks with favorable value characteristics and comparatively lower market valuations. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. VMAX was launched on Dec 5, 2023 and is issued by The Hartford.