Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) Short Interest Update

Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 9,594 shares, an increase of 96.9% from the August 31st total of 4,873 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 69,845 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in Federated Hermes MDT Large Cap Core ETF by 10.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 25,071 shares of the company’s stock worth $881,000 after acquiring an additional 2,415 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Federated Hermes MDT Large Cap Core ETF during the second quarter valued at about $70,000. Citadel Advisors LLC bought a new stake in shares of Federated Hermes MDT Large Cap Core ETF in the second quarter valued at about $412,000. GTS Financial LLC acquired a new position in Federated Hermes MDT Large Cap Core ETF in the 1st quarter valued at approximately $5,105,000. Finally, Baer Investment Advisory LLC bought a new stake in shares of Federated Hermes MDT Large Cap Core ETF during the first quarter valued at approximately $625,000.

Federated Hermes MDT Large Cap Core ETF Stock Up 0.0%

Shares of Federated Hermes MDT Large Cap Core ETF stock traded up $0.01 on Wednesday, hitting $36.29. 10,776 shares of the company traded hands, compared to its average volume of 34,089. Federated Hermes MDT Large Cap Core ETF has a 12-month low of $29.88 and a 12-month high of $37.55. The company has a 50-day moving average price of $36.51 and a 200 day moving average price of $34.81. The company has a market cap of $170.56 million, a PE ratio of 24.00 and a beta of 0.99.

Federated Hermes MDT Large Cap Core ETF Company Profile

The Federated Hermes MDT Large Cap Core ETF (FLCC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing primarily in large-cap US companies within the Russell 1000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management. FLCC was launched on Jul 30, 2024 and is issued by Federated Hermes.