Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) Short Interest Update

Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 97,032 shares, an increase of 288.3% from the May 31st total of 24,991 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 76,997 shares, the short-interest ratio is currently 1.3 days.

Federated Hermes MDT Large Cap Growth ETF Stock Up 0.8%

FLCG traded up $0.25 during trading on Friday, hitting $32.44. The company’s stock had a trading volume of 21,876 shares, compared to its average volume of 89,774. The firm has a market cap of $476.87 million, a PE ratio of 32.19 and a beta of 1.17. Federated Hermes MDT Large Cap Growth ETF has a one year low of $28.69 and a one year high of $35.46. The business’s 50 day simple moving average is $33.72 and its 200-day simple moving average is $32.50.

Institutional Trading of Federated Hermes MDT Large Cap Growth ETF

Several hedge funds have recently bought and sold shares of the stock. MML Investors Services LLC purchased a new stake in Federated Hermes MDT Large Cap Growth ETF in the second quarter worth about $9,357,000. Susquehanna International Group LLP grew its stake in shares of Federated Hermes MDT Large Cap Growth ETF by 188.4% during the 3rd quarter. Susquehanna International Group LLP now owns 23,674 shares of the company’s stock valued at $773,000 after acquiring an additional 15,465 shares during the period. Stegent Equity Advisors Inc. increased its holdings in Federated Hermes MDT Large Cap Growth ETF by 89.2% in the 4th quarter. Stegent Equity Advisors Inc. now owns 173,058 shares of the company’s stock worth $5,723,000 after acquiring an additional 81,574 shares in the last quarter. Towerpoint Wealth LLC increased its holdings in Federated Hermes MDT Large Cap Growth ETF by 2.5% in the 4th quarter. Towerpoint Wealth LLC now owns 61,385 shares of the company’s stock worth $2,030,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its stake in Federated Hermes MDT Large Cap Growth ETF by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 81,500 shares of the company’s stock worth $2,695,000 after acquiring an additional 2,076 shares during the period.

About Federated Hermes MDT Large Cap Growth ETF

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