Short Interest in Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Increases By 20.3%

Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 22,828 shares, a growth of 20.3% from the February 26th total of 18,982 shares. Based on an average daily trading volume, of 21,282 shares, the short-interest ratio is presently 1.1 days. Approximately 1.0% of the company’s stock are short sold.

Hartford Multifactor Emerging Markets ETF Stock Performance

Hartford Multifactor Emerging Markets ETF stock opened at $31.05 on Thursday. Hartford Multifactor Emerging Markets ETF has a fifty-two week low of $20.75 and a fifty-two week high of $33.68. The stock’s 50 day simple moving average is $31.74 and its two-hundred day simple moving average is $29.94. The stock has a market cap of $68.31 million, a price-to-earnings ratio of 11.22 and a beta of 0.66.

Institutional Investors Weigh In On Hartford Multifactor Emerging Markets ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC purchased a new position in Hartford Multifactor Emerging Markets ETF during the 2nd quarter valued at about $53,000. Private Trust Co. NA increased its stake 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 valued at $131,000 after purchasing an additional 3,066 shares in the last quarter. J.W. Cole Advisors Inc. bought a new position in shares of Hartford Multifactor Emerging Markets ETF during the second quarter valued at approximately $212,000. Empirical Asset Management LLC purchased a new position in shares of Hartford Multifactor Emerging Markets ETF during the third quarter valued at approximately $610,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of Hartford Multifactor Emerging Markets ETF by 43.4% during the third quarter. Raymond James Financial Inc. now owns 25,060 shares of the company’s stock valued at $698,000 after purchasing an additional 7,579 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.