Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Short Interest Up 110.6% in January

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 62,025 shares, an increase of 110.6% from the January 15th total of 29,454 shares. Currently, 2.8% of the company’s stock are short sold. Based on an average daily trading volume, of 18,583 shares, the days-to-cover ratio is presently 3.3 days. Based on an average daily trading volume, of 18,583 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.8% of the company’s stock are short sold.

Hartford Multifactor Emerging Markets ETF Price Performance

NYSEARCA:ROAM opened at $32.45 on Friday. The company has a market cap of $71.39 million, a P/E ratio of 11.22 and a beta of 0.66. The business has a 50 day moving average price of $30.32 and a two-hundred day moving average price of $28.83. Hartford Multifactor Emerging Markets ETF has a twelve month low of $20.75 and a twelve month high of $33.12.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. J.W. Cole Advisors Inc. boosted its holdings in shares of Hartford Multifactor Emerging Markets ETF by 18.8% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 9,559 shares of the company’s stock valued at $266,000 after acquiring an additional 1,514 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in Hartford Multifactor Emerging Markets ETF in the second quarter valued at about $53,000. Sanctuary Advisors LLC boosted its stake in shares of Hartford Multifactor Emerging Markets ETF by 1.9% during the fourth quarter. Sanctuary Advisors LLC now owns 115,486 shares of the company’s stock valued at $3,365,000 after purchasing an additional 2,173 shares in the last quarter. Fermata Advisors LLC boosted its stake in shares of Hartford Multifactor Emerging Markets ETF by 8.0% during the fourth quarter. Fermata Advisors LLC now owns 37,831 shares of the company’s stock valued at $1,102,000 after purchasing an additional 2,799 shares in the last quarter. Finally, Private Trust Co. NA grew its holdings in shares of Hartford Multifactor Emerging Markets ETF by 215.2% during the fourth quarter. Private Trust Co. NA now owns 4,491 shares of the company’s stock worth $131,000 after purchasing an additional 3,066 shares during the last quarter.

About Hartford Multifactor Emerging Markets ETF

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.