Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Short Interest Up 80.0% in March

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 50,186 shares, an increase of 80.0% from the February 26th total of 27,887 shares. Based on an average trading volume of 100,239 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of RODM. WCG Wealth Advisors LLC grew its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 179.2% during the fourth quarter. WCG Wealth Advisors LLC now owns 1,698,855 shares of the exchange traded fund’s stock valued at $62,817,000 after buying an additional 1,090,433 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF by 59.1% during the 3rd quarter. Raymond James Financial Inc. now owns 892,015 shares of the exchange traded fund’s stock worth $31,689,000 after acquiring an additional 331,480 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter worth approximately $11,161,000. LPL Financial LLC boosted its holdings in Hartford Multifactor Developed Markets (ex-US) ETF by 23.4% during the 4th quarter. LPL Financial LLC now owns 1,089,891 shares of the exchange traded fund’s stock valued at $40,299,000 after acquiring an additional 206,980 shares during the period. Finally, Vawter Financial Ltd. purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 3rd quarter valued at $5,075,000. Hedge funds and other institutional investors own 7.13% of the company’s stock.

Hartford Multifactor Developed Markets (ex-US) ETF Trading Down 0.5%

Shares of RODM stock traded down $0.20 during trading hours on Friday, reaching $38.36. 74,541 shares of the stock were exchanged, compared to its average volume of 96,302. Hartford Multifactor Developed Markets has a 12-month low of $27.99 and a 12-month high of $41.26. The company’s 50-day moving average price is $39.41 and its 200-day moving average price is $37.34. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of -89.21 and a beta of 0.72.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

Direct Markets Holdings Corp., formerly Rodman & Renshaw Capital Group, Inc, is a holding company. Through its subsidiaries, it is engaged in the investment banking business. The Company’s principal operating subsidiary is Rodman & Renshaw, LLC (R&R). It is an investment bank, which provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. It also provides research and sales and trading services to institutional investors.