Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Short Interest Update

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 22,717 shares, a drop of 57.1% from the May 31st total of 52,990 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 38,723 shares, the short-interest ratio is currently 0.6 days.

Federated Hermes MDT Small Cap Core ETF Price Performance

Shares of FSCC traded up $0.16 during trading hours on Monday, hitting $36.66. The stock had a trading volume of 101,296 shares, compared to its average volume of 61,381. The firm has a market capitalization of $234.62 million, a PE ratio of 15.80 and a beta of 1.27. Federated Hermes MDT Small Cap Core ETF has a 12 month low of $25.71 and a 12 month high of $36.87. The stock has a fifty day moving average price of $34.43 and a 200 day moving average price of $32.14.

Institutional Investors Weigh In On Federated Hermes MDT Small Cap Core ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Parkside Financial Bank & Trust purchased a new position in shares of Federated Hermes MDT Small Cap Core ETF in the fourth quarter worth approximately $25,000. Waverly Advisors LLC purchased a new stake in Federated Hermes MDT Small Cap Core ETF during the first quarter valued at approximately $210,000. Sanctuary Advisors LLC bought a new position in Federated Hermes MDT Small Cap Core ETF in the fourth quarter worth approximately $313,000. DAVENPORT & Co LLC boosted its stake in shares of Federated Hermes MDT Small Cap Core ETF by 76.7% during the 4th quarter. DAVENPORT & Co LLC now owns 12,078 shares of the company’s stock worth $362,000 after acquiring an additional 5,241 shares during the last quarter. Finally, Johnson Financial Group Inc. purchased a new position in shares of Federated Hermes MDT Small Cap Core ETF during the 1st quarter worth $362,000.

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.