Short Interest in Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) Decreases By 76.9%

Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,648 shares, a drop of 76.9% from the May 14th total of 7,137 shares. Based on an average daily volume of 7,583 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Hartford Disciplined US Equity ETF stock. JPMorgan Chase & Co. boosted its position in Hartford Disciplined US Equity ETF (NYSEARCA:HDUS) by 12.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,380 shares of the company’s stock after acquiring an additional 2,030 shares during the period. JPMorgan Chase & Co. owned 0.79% of Hartford Disciplined US Equity ETF worth $1,183,000 as of its most recent SEC filing.

Hartford Disciplined US Equity ETF Trading Up 0.4%

NYSEARCA HDUS traded up $0.29 during trading hours on Friday, hitting $70.90. 8,367 shares of the company’s stock were exchanged, compared to its average volume of 7,393. The stock has a 50-day simple moving average of $69.12 and a 200 day simple moving average of $66.80. The firm has a market cap of $184.34 million, a price-to-earnings ratio of 22.11 and a beta of 0.94. Hartford Disciplined US Equity ETF has a 1-year low of $57.63 and a 1-year high of $72.80.

About Hartford Disciplined US Equity ETF

The Hartford Disciplined US Equity ETF (HDUS) is an exchange-traded fund that is based on the Hartford Disciplined US Equity index. The fund is passively managed to invest in a broad portfolio of US large-cap stocks that target balanced exposures across value, momentum, and quality factors at lower volatility level, while controlling overall active risk factors. HDUS was launched on Nov 16, 2022 and is managed by Hartford.