Hartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM) Sees Significant Decrease in Short Interest
by Renee Jackson · The Cerbat GemHartford Multifactor Emerging Markets ETF (NYSEARCA:ROAM – Get Free Report) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 8,758 shares, a decrease of 24.7% from the December 15th total of 11,625 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 7,211 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 7,211 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.4% of the company’s stock are short sold.
Hartford Multifactor Emerging Markets ETF Stock Down 0.6%
Hartford Multifactor Emerging Markets ETF stock traded down $0.18 during mid-day trading on Friday, hitting $30.47. The company had a trading volume of 14,953 shares, compared to its average volume of 25,223. Hartford Multifactor Emerging Markets ETF has a 1 year low of $20.75 and a 1 year high of $30.93. The business has a fifty day moving average of $29.33 and a 200 day moving average of $28.13. The stock has a market cap of $63.99 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
A number of institutional investors and hedge funds have recently bought and sold shares of ROAM. Fermata Advisors LLC grew its holdings 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 worth $1,102,000 after purchasing an additional 2,799 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Hartford Multifactor Emerging Markets ETF in the 3rd quarter valued at about $797,000. Raymond James Financial Inc. boosted its position in shares of Hartford Multifactor Emerging Markets ETF by 43.4% in the 3rd 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 period. Empirical Asset Management LLC purchased a new position in Hartford Multifactor Emerging Markets ETF during the 3rd quarter worth approximately $610,000. Finally, J.W. Cole Advisors Inc. increased its position in Hartford Multifactor Emerging Markets ETF by 18.8% during the third quarter. J.W. Cole Advisors Inc. now owns 9,559 shares of the company’s stock worth $266,000 after buying an additional 1,514 shares during the period.
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.