Hartford US Value ETF (BATS:VMAX) Short Interest Update

Hartford US Value ETF (BATS:VMAX) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 159 shares, an increase of 430.0% from the June 30th total of 30 shares. Based on an average daily trading volume, of 45 shares, the days-to-cover ratio is presently 3.5 days. Currently, 0.0% of the shares of the stock are short sold.

Hartford US Value ETF Trading Up 0.3%

Shares of BATS:VMAX opened at $63.40 on Friday. The firm has a 50 day moving average of $61.89 and a 200-day moving average of $58.79. Hartford US Value ETF has a 12 month low of $49.75 and a 12 month high of $63.77. The stock has a market capitalization of $55.48 million, a PE ratio of 13.58 and a beta of 0.79.

Hartford US Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 25th were paid a $0.2713 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 1.7%. This is a positive change from Hartford US Value ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Thursday, June 25th.

Hartford US Value ETF Company Profile

The Hartford US Value ETF (VMAX) is an exchange-traded fund that is based on the Hartford US Value index. The fund tracks a multifactor index of US large-cap stocks with favorable value characteristics and comparatively lower market valuations. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. VMAX was launched on Dec 5, 2023 and is issued by The Hartford.