Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) Shares Shorted: Short Interest Up 91.2% in October

Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 4,174 shares, an increase of 91.2% from the September 30th total of 2,183 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 114,350 shares, the short-interest ratio is presently 0.0 days.

Federated Hermes MDT Large Cap Value ETF Stock Performance

FLCV stock opened at $37.86 on Friday. The company’s fifty day moving average price is $37.12 and its 200-day moving average price is $34.82. Federated Hermes MDT Large Cap Value ETF has a one year low of $29.60 and a one year high of $38.29. The company has a market capitalization of $230.95 million, a PE ratio of 18.26 and a beta of 0.75.

Institutional Investors Weigh In On Federated Hermes MDT Large Cap Value ETF

A number of hedge funds have recently made changes to their positions in FLCV. Capital Analysts LLC increased its stake in Federated Hermes MDT Large Cap Value ETF by 3.3% in the 2nd quarter. Capital Analysts LLC now owns 9,786 shares of the company’s stock worth $351,000 after acquiring an additional 311 shares during the last quarter. Comprehensive Financial Planning Inc. PA increased its position in Federated Hermes MDT Large Cap Value ETF by 81.8% in the second quarter. Comprehensive Financial Planning Inc. PA now owns 31,023 shares of the company’s stock worth $1,112,000 after purchasing an additional 13,959 shares during the last quarter. Kingswood Wealth Advisors LLC increased its position in Federated Hermes MDT Large Cap Value ETF by 9.0% in the third quarter. Kingswood Wealth Advisors LLC now owns 36,790 shares of the company’s stock worth $1,324,000 after purchasing an additional 3,025 shares during the last quarter. Finally, Eastern Bank raised its stake in Federated Hermes MDT Large Cap Value ETF by 227.0% during the second quarter. Eastern Bank now owns 305,324 shares of the company’s stock valued at $10,948,000 after purchasing an additional 211,956 shares in the last quarter.

Federated Hermes MDT Large Cap Value ETF Company Profile

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