Hartford Multifactor Small Cap ETF (NYSEARCA:ROSC) Sees Large Decline in Short Interest

Hartford Multifactor Small Cap ETF (NYSEARCA:ROSC) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,415 shares, a decrease of 45.9% from the August 15th total of 2,616 shares. Based on an average daily trading volume, of 13,056 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Hartford Multifactor Small Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Gateway Wealth Partners LLC lifted its stake in Hartford Multifactor Small Cap ETF by 108.0% in the 1st quarter. Gateway Wealth Partners LLC now owns 20,520 shares of the company’s stock valued at $991,000 after purchasing an additional 10,656 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Hartford Multifactor Small Cap ETF in the second quarter valued at approximately $350,000. Harbour Investments Inc. grew its stake in shares of Hartford Multifactor Small Cap ETF by 5.9% during the fourth quarter. Harbour Investments Inc. now owns 5,966 shares of the company’s stock worth $280,000 after buying an additional 335 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of Hartford Multifactor Small Cap ETF during the fourth quarter worth $72,000.

Hartford Multifactor Small Cap ETF Price Performance

NYSEARCA:ROSC traded down $0.32 during trading hours on Tuesday, hitting $54.76. The company’s stock had a trading volume of 1,306 shares, compared to its average volume of 4,021. The stock has a fifty day simple moving average of $55.83 and a 200-day simple moving average of $53.11. The company has a market capitalization of $60.24 million, a P/E ratio of 13.23 and a beta of 0.90. Hartford Multifactor Small Cap ETF has a twelve month low of $43.46 and a twelve month high of $57.52.

Hartford Multifactor Small Cap ETF Company Profile

The Hartford Multifactor Small Cap ETF (ROSC) is an exchange-traded fund that is based on the Hartford Multifactor Small Cap index. The fund invests in US companies with small market capitalizations screened for risk, valuation, momentum and quality factors. ROSC was launched on Mar 24, 2015 and is managed by Hartford.