Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB – Get Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 68,088 shares, a growth of 47.7% from the July 30th total of 46,100 shares. Based on an average daily trading volume, of 105,892 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are short sold.
Institutional Trading of Federated Hermes Total Return Bond ETF
A number of large investors have recently modified their holdings of FTRB. Motco increased its position in shares of Federated Hermes Total Return Bond ETF by 25.3% in the fourth quarter. Motco now owns 3,810 shares of the company’s stock worth $97,000 after purchasing an additional 770 shares during the last quarter. Semmax Financial Advisors Inc. bought a new stake in Federated Hermes Total Return Bond ETF during the second quarter valued at approximately $123,000. Atlas Wealth LLC bought a new stake in Federated Hermes Total Return Bond ETF during the fourth quarter valued at approximately $202,000. Index Technologies Group LLC purchased a new position in Federated Hermes Total Return Bond ETF in the 4th quarter worth approximately $229,000. Finally, First United Bank & Trust purchased a new position in Federated Hermes Total Return Bond ETF in the 1st quarter worth approximately $254,000.
Federated Hermes Total Return Bond ETF Stock Performance
NYSEARCA:FTRB opened at $24.67 on Thursday. Federated Hermes Total Return Bond ETF has a 52-week low of $24.58 and a 52-week high of $25.84. The stock has a fifty day moving average of $24.88 and a 200 day moving average of $25.11. The firm has a market capitalization of $594.55 million, a price-to-earnings ratio of 8.09 and a beta of 0.12.
Federated Hermes Total Return Bond ETF Company Profile
The Federated Hermes Total Return Bond ETF (FTRB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns from a core portfolio of US fixed-income securities with varying credit ratings and maturity. The fund selects securities through its Alpha Pod Process. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.
Featured Stories
- Five stocks we like better than Federated Hermes Total Return Bond ETF
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for Federated Hermes Total Return Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federated Hermes Total Return Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
