Hartford US Value ETF (BATS:VMAX) Short Interest Up 430.0% in July

Hartford US Value ETF (BATS:VMAX) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 159 shares, a growth of 430.0% from the June 30th total of 30 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 45 shares, the days-to-cover ratio is presently 3.5 days.

Hartford US Value ETF Trading Up 1.1%

Shares of Hartford US Value ETF stock opened at $63.85 on Monday. The stock has a 50 day moving average of $61.89 and a 200 day moving average of $58.82. Hartford US Value ETF has a 12 month low of $49.75 and a 12 month high of $63.85. The firm has a market cap of $55.87 million, a PE ratio of 13.58 and a beta of 0.79.

Hartford US Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.2713 per share. This is a positive change from Hartford US Value ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.09 annualized dividend and a dividend yield of 1.7%.

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.