Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) Stock Short Interest Report for October

Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 30,294 shares, an increase of 96.8% from the September 30th total of 15,393 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 127,551 shares, the short-interest ratio is presently 0.2 days.

Federated Hermes MDT Large Cap Growth ETF Stock Performance

NYSEARCA:FLCG traded up $0.28 during midday trading on Monday, reaching $33.67. 2,945,736 shares of the stock traded hands, compared to its average volume of 97,767. The stock has a market capitalization of $666.67 million, a P/E ratio of 32.19 and a beta of 1.18. Federated Hermes MDT Large Cap Growth ETF has a 12 month low of $28.69 and a 12 month high of $36.73. The company has a fifty day moving average of $35.19 and a 200 day moving average of $33.43.

Institutional Trading of Federated Hermes MDT Large Cap Growth ETF

A number of hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC grew its stake in shares of Federated Hermes MDT Large Cap Growth ETF by 24.3% in the first quarter. Kestra Advisory Services LLC now owns 979,209 shares of the company’s stock worth $29,278,000 after acquiring an additional 191,570 shares during the last quarter. Cetera Investment Advisers purchased a new stake in shares of Federated Hermes MDT Large Cap Growth ETF during the 1st quarter valued at about $1,481,000. Sanctuary Advisors LLC lifted its position in Federated Hermes MDT Large Cap Growth ETF by 41.7% during the first quarter. Sanctuary Advisors LLC now owns 115,455 shares of the company’s stock valued at $3,452,000 after purchasing an additional 33,955 shares during the period. Private Advisor Group LLC bought a new stake in shares of Federated Hermes MDT Large Cap Growth ETF in the first quarter worth $545,000. Finally, Somerset Trust Co grew its stake in shares of Federated Hermes MDT Large Cap Growth ETF by 30.6% during the 2nd quarter. Somerset Trust Co now owns 41,167 shares of the company’s stock valued at $1,371,000 after purchasing an additional 9,638 shares during the period.

About Federated Hermes MDT Large Cap Growth ETF

The Federated Hermes MDT Large Cap Growth ETF (FLCG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing primarily in large-cap US companies with higher forecasted growth values that are within the Russell 1000 Growth Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management FLCG was launched on Jul 30, 2024 and is issued by Federated Hermes.