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

Hartford US Value ETF (BATS:VMAX) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 159 shares, a growth of 430.0% from the June 30th total of 30 shares. Based on an average daily volume of 45 shares, the days-to-cover ratio is currently 3.5 days. Approximately 0.0% of the company’s shares are sold short.

Hartford US Value ETF Trading Up 0.3%

BATS:VMAX opened at $63.40 on Friday. The stock’s 50-day moving average is $61.89 and its 200-day moving average is $58.79. Hartford US Value ETF has a 1-year low of $49.75 and a 1-year high of $63.77. The stock has a market cap of $55.48 million, a P/E ratio of 13.58 and a beta of 0.79.

Hartford US Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 25th were given a dividend of $0.2713 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.09 annualized dividend and a yield of 1.7%. This is a boost from Hartford US Value ETF’s previous quarterly dividend of $0.25.

About Hartford US Value ETF

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.