Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Shares Shorted: Short Interest Down 97.9% in October

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 7,264 shares, a decline of 97.9% from the October 15th total of 346,465 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 47,360 shares, the days-to-cover ratio is currently 0.2 days.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Private Advisor Group LLC increased its holdings in Federated Hermes MDT Small Cap Core ETF by 3.4% in the third quarter. Private Advisor Group LLC now owns 153,050 shares of the company’s stock valued at $5,121,000 after purchasing an additional 5,057 shares during the last quarter. First Financial Bankshares Inc lifted its stake in Federated Hermes MDT Small Cap Core ETF by 1.7% in the 3rd quarter. First Financial Bankshares Inc now owns 750,972 shares of the company’s stock valued at $25,128,000 after purchasing an additional 12,776 shares during the last quarter. Heritage Trust Co grew its stake in Federated Hermes MDT Small Cap Core ETF by 1.6% in the 3rd quarter. Heritage Trust Co now owns 64,541 shares of the company’s stock valued at $2,160,000 after buying an additional 1,038 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Federated Hermes MDT Small Cap Core ETF during the third quarter worth approximately $1,688,000. Finally, GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in shares of Federated Hermes MDT Small Cap Core ETF during the 3rd quarter worth approximately $44,423,000.

Federated Hermes MDT Small Cap Core ETF Price Performance

Shares of FSCC traded up $0.37 during mid-day trading on Wednesday, reaching $34.43. The company had a trading volume of 58,558 shares, compared to its average volume of 77,597. Federated Hermes MDT Small Cap Core ETF has a twelve month low of $27.83 and a twelve month high of $37.52. The company has a market capitalization of $462.77 million, a P/E ratio of 14.51 and a beta of 1.23. The company’s 50-day moving average is $34.13 and its 200-day moving average is $33.67.

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.