Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Stock Short Interest Report for October

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 346,465 shares, a growth of 1,513.3% from the September 30th total of 21,476 shares. Approximately 2.7% of the shares of the stock are sold short. Based on an average daily volume of 124,510 shares, the days-to-cover ratio is presently 2.8 days.

Federated Hermes MDT Small Cap Core ETF Price Performance

FSCC stock traded up $0.16 during trading on Monday, hitting $33.80. The stock had a trading volume of 40,871 shares, compared to its average volume of 74,220. Federated Hermes MDT Small Cap Core ETF has a twelve month low of $27.83 and a twelve month high of $37.52. The stock has a market capitalization of $439.40 million, a P/E ratio of 15.80 and a beta of 1.25. The company’s 50-day moving average price is $34.54 and its two-hundred day moving average price is $33.54.

Hedge Funds Weigh In On Federated Hermes MDT Small Cap Core ETF

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of Federated Hermes MDT Small Cap Core ETF by 62.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,091,662 shares of the company’s stock worth $40,752,000 after acquiring an additional 421,068 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Federated Hermes MDT Small Cap Core ETF in the 1st quarter valued at $7,970,000. Intrua Financial LLC acquired a new position in Federated Hermes MDT Small Cap Core ETF in the first quarter valued at $1,087,000. Kestra Private Wealth Services LLC increased its position in Federated Hermes MDT Small Cap Core ETF by 57.4% during the first quarter. Kestra Private Wealth Services LLC now owns 31,909 shares of the company’s stock worth $947,000 after buying an additional 11,632 shares during the period. Finally, Arkadios Wealth Advisors purchased a new stake in Federated Hermes MDT Small Cap Core ETF in the 1st quarter valued at $943,000.

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.