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

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 39,762 shares, a decrease of 33.9% from the July 30th total of 60,198 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 79,185 shares, the days-to-cover ratio is presently 0.5 days.

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

Several institutional investors have recently modified their holdings of FSCC. Intellus Advisors LLC increased its holdings in shares of Federated Hermes MDT Small Cap Core ETF by 21.3% in the 4th quarter. Intellus Advisors LLC now owns 364,491 shares of the company’s stock valued at $10,938,000 after acquiring an additional 63,966 shares during the period. Truist Financial Corp raised its position in shares of Federated Hermes MDT Small Cap Core ETF by 7.0% in the fourth quarter. Truist Financial Corp now owns 351,598 shares of the company’s stock valued at $10,551,000 after buying an additional 22,965 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Federated Hermes MDT Small Cap Core ETF during the first quarter worth about $7,970,000. MML Investors Services LLC acquired a new stake in shares of Federated Hermes MDT Small Cap Core ETF during the fourth quarter valued at about $4,340,000. Finally, Lifestyle Asset Management Inc. purchased a new stake in shares of Federated Hermes MDT Small Cap Core ETF during the fourth quarter worth $1,233,000.

Federated Hermes MDT Small Cap Core ETF Stock Up 1.3%

Shares of NYSEARCA:FSCC traded up $0.44 during trading on Wednesday, hitting $35.40. The stock had a trading volume of 1,846 shares, compared to its average volume of 63,325. Federated Hermes MDT Small Cap Core ETF has a 12 month low of $27.83 and a 12 month high of $37.52. The company has a market capitalization of $311.52 million, a PE ratio of 15.80 and a beta of 1.23. The firm’s fifty day moving average is $35.93 and its 200 day moving average is $33.71.

Federated Hermes MDT Small Cap Core ETF Company Profile

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.