Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Short Interest Update

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 11,625 shares, a drop of 58.0% from the November 30th total of 27,702 shares. Based on an average daily trading volume, of 5,478 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.7% of the company’s shares are sold short. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 5,478 shares, the days-to-cover ratio is currently 2.1 days.

Hartford Multifactor Emerging Markets ETF Price Performance

Shares of ROAM stock opened at $29.04 on Friday. The company has a market capitalization of $50.82 million, a P/E ratio of 11.22 and a beta of 0.66. The company’s 50-day simple moving average is $29.07 and its two-hundred day simple moving average is $27.69. Hartford Multifactor Emerging Markets ETF has a one year low of $20.75 and a one year high of $30.13.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Stratos Wealth Partners LTD. raised its position in Hartford Multifactor Emerging Markets ETF by 79.7% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 437,320 shares of the company’s stock valued at $11,510,000 after purchasing an additional 193,969 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Hartford Multifactor Emerging Markets ETF during the second quarter valued at $53,000. J.W. Cole Advisors Inc. bought a new stake in shares of Hartford Multifactor Emerging Markets ETF in the second quarter valued at about $212,000. Fermata Advisors LLC raised its holdings in shares of Hartford Multifactor Emerging Markets ETF by 11.4% in the third quarter. Fermata Advisors LLC now owns 35,032 shares of the company’s stock valued at $976,000 after acquiring an additional 3,584 shares in the last quarter. Finally, Empirical Asset Management LLC purchased a new stake in Hartford Multifactor Emerging Markets ETF in the third quarter worth about $610,000.

Hartford Multifactor Emerging Markets ETF Company Profile

The Hartford Multifactor Emerging Markets ETF (ROAM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multifactor and quant-driven index of emerging market stocks aimed at reducing concentration risk prevalent in cap-weighted indexes. ROAM was launched on Feb 26, 2015 and is managed by Hartford.