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 significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 30,435 shares, a decrease of 42.6% from the August 31st total of 53,042 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 223,041 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Federated Hermes MDT Small Cap Core ETF

Institutional investors have recently made changes to their positions in the company. Waverly Advisors LLC purchased a new position in Federated Hermes MDT Small Cap Core ETF during the first quarter worth about $210,000. Johnson Financial Group Inc. purchased a new stake in Federated Hermes MDT Small Cap Core ETF in the 1st quarter valued at about $362,000. Sanctuary Advisors LLC lifted its position in shares of Federated Hermes MDT Small Cap Core ETF by 27.3% during the 1st quarter. Sanctuary Advisors LLC now owns 13,290 shares of the company’s stock worth $395,000 after buying an additional 2,850 shares in the last quarter. Essex Financial Services Inc. lifted its position in shares of Federated Hermes MDT Small Cap Core ETF by 2.7% during the 4th quarter. Essex Financial Services Inc. now owns 25,799 shares of the company’s stock worth $774,000 after buying an additional 670 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in shares of Federated Hermes MDT Small Cap Core ETF in the 1st quarter worth approximately $943,000.

Federated Hermes MDT Small Cap Core ETF Trading Up 1.3%

Federated Hermes MDT Small Cap Core ETF stock traded up $0.45 during trading on Friday, hitting $34.09. 3,497 shares of the company were exchanged, compared to its average volume of 71,443. The business’s 50 day moving average is $35.25 and its 200 day moving average is $34.26. Federated Hermes MDT Small Cap Core ETF has a 52 week low of $27.83 and a 52 week high of $37.52. The company has a market capitalization of $429.52 million, a P/E ratio of 15.80 and a beta of 1.22.

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.