Hartford US Quality Growth ETF (NASDAQ:HQGO) Sees Large Increase in Short Interest

Hartford US Quality Growth ETF (NASDAQ:HQGO) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 454 shares, a growth of 150.8% from the February 12th total of 181 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 281 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 281 shares, the short-interest ratio is presently 1.6 days. Approximately 0.1% of the company’s shares are short sold.

Hartford US Quality Growth ETF Price Performance

HQGO stock opened at $58.54 on Thursday. Hartford US Quality Growth ETF has a 1 year low of $43.15 and a 1 year high of $61.75. The company has a market cap of $48.00 million, a P/E ratio of 27.05 and a beta of 1.10. The firm has a 50-day moving average of $60.02 and a 200 day moving average of $59.49.

Hartford US Quality Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were issued a dividend of $0.1212 per share. This is a positive change from Hartford US Quality Growth ETF’s previous quarterly dividend of $0.06. The ex-dividend date was Tuesday, December 23rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.8%.

Hartford US Quality Growth ETF Company Profile

The Hartford US Quality Growth ETF (HQGO) is an exchange-traded fund that is based on the Hartford US Quality Growth index. The fund tracks a multifactor index of US large-cap stocks with strong growth potential, while also increasing exposure to quality and momentum. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. HQGO was launched on Dec 5, 2023 and is issued by The Hartford.