Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 60,198 shares, an increase of 59.7% from the July 15th total of 37,700 shares. Based on an average trading volume of 36,281 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.7% of the shares of the company are sold short.
Institutional Investors Weigh In On Federated Hermes MDT Small Cap Core ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in FSCC. Susquehanna International Group LLP bought a new position in Federated Hermes MDT Small Cap Core ETF during the 3rd quarter worth $411,000. Sanctuary Advisors LLC acquired a new stake in shares of Federated Hermes MDT Small Cap Core ETF during the 4th quarter worth $313,000. Kestra Private Wealth Services LLC acquired a new stake in shares of Federated Hermes MDT Small Cap Core ETF during the 4th quarter worth $609,000. Truist Financial Corp increased its position in shares of Federated Hermes MDT Small Cap Core ETF by 7.0% in the fourth quarter. Truist Financial Corp now owns 351,598 shares of the company’s stock worth $10,551,000 after purchasing an additional 22,965 shares during the period. Finally, Intellus Advisors LLC increased its position in shares of Federated Hermes MDT Small Cap Core ETF by 21.3% in the fourth quarter. Intellus Advisors LLC now owns 364,491 shares of the company’s stock worth $10,938,000 after purchasing an additional 63,966 shares during the period.
Federated Hermes MDT Small Cap Core ETF Stock Down 1.1%
Shares of Federated Hermes MDT Small Cap Core ETF stock opened at $35.82 on Wednesday. The stock has a market capitalization of $315.22 million, a price-to-earnings ratio of 15.80 and a beta of 1.23. Federated Hermes MDT Small Cap Core ETF has a twelve month low of $27.68 and a twelve month high of $37.52. The company has a 50-day simple moving average of $35.88 and a two-hundred day simple moving average of $33.43.
About Federated Hermes MDT Small Cap Core ETF
The Federated Hermes MDT Small Cap Core ETF (FSCC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, investing primarily in small-cap US companies within the Russell 2000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management FSCC was launched on Jul 30, 2024 and is issued by Federated Hermes.
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