Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Short Interest Down 57.1% in June

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 22,717 shares, a decrease of 57.1% from the May 31st total of 52,990 shares. Based on an average trading volume of 38,723 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the company’s shares are short sold.

Federated Hermes MDT Small Cap Core ETF Price Performance

Shares of Federated Hermes MDT Small Cap Core ETF stock traded down $0.18 during trading on Wednesday, hitting $37.15. The stock had a trading volume of 42,682 shares, compared to its average volume of 61,212. Federated Hermes MDT Small Cap Core ETF has a 12 month low of $25.71 and a 12 month high of $37.52. The firm’s fifty day simple moving average is $34.61 and its 200-day simple moving average is $32.23. The stock has a market cap of $237.76 million, a PE ratio of 15.80 and a beta of 1.27.

Institutional Trading of Federated Hermes MDT Small Cap Core ETF

Several institutional investors have recently added to or reduced their stakes in FSCC. Intellus Advisors LLC grew its stake in shares of Federated Hermes MDT Small Cap Core ETF by 21.3% during the fourth quarter. Intellus Advisors LLC now owns 364,491 shares of the company’s stock valued at $10,938,000 after buying an additional 63,966 shares during the last quarter. Truist Financial Corp boosted its holdings in Federated Hermes MDT Small Cap Core ETF by 7.0% during the 4th quarter. Truist Financial Corp now owns 351,598 shares of the company’s stock valued at $10,551,000 after acquiring an additional 22,965 shares during the period. Elevation Point Wealth Partners LLC bought a new position in Federated Hermes MDT Small Cap Core ETF in the 3rd quarter valued at $8,402,000. MML Investors Services LLC bought a new position in Federated Hermes MDT Small Cap Core ETF in the 4th quarter valued at $4,340,000. Finally, Lifestyle Asset Management Inc. purchased a new stake in Federated Hermes MDT Small Cap Core ETF in the fourth quarter worth $1,233,000.

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.