Hartford US Value ETF (BATS:VMAX) Short Interest Down 55.0% in May

Hartford US Value ETF (BATS:VMAX) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 18 shares, a decrease of 55.0% from the May 14th total of 40 shares. Based on an average daily trading volume, of 57 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Hartford US Value ETF Price Performance

Hartford US Value ETF stock opened at $62.29 on Friday. The firm has a 50-day moving average of $59.53 and a 200-day moving average of $57.05. Hartford US Value ETF has a one year low of $48.61 and a one year high of $62.29. The company has a market cap of $54.50 million, a price-to-earnings ratio of 13.58 and a beta of 0.79.

Hartford US Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Wednesday, March 25th were paid a dividend of $0.2465 per share. This represents a $0.99 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Wednesday, March 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.