Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) Shares Shorted: Short Interest Down 94.4% in September

Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,183 shares, a decrease of 94.4% from the September 15th total of 39,004 shares. Based on an average daily volume of 58,919 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Federated Hermes MDT Large Cap Value ETF Price Performance

Federated Hermes MDT Large Cap Value ETF stock traded up $0.25 during midday trading on Friday, reaching $36.92. The company had a trading volume of 31,870 shares, compared to its average volume of 26,635. Federated Hermes MDT Large Cap Value ETF has a 12-month low of $29.60 and a 12-month high of $38.29. The company has a market capitalization of $173.52 million, a P/E ratio of 18.26 and a beta of 0.75. The firm’s fifty day simple moving average is $37.17 and its 200-day simple moving average is $35.42.

Hedge Funds Weigh In On Federated Hermes MDT Large Cap Value ETF

Hedge funds have recently made changes to their positions in the company. Stonebridge Financial Group LLC MO acquired a new stake in shares of Federated Hermes MDT Large Cap Value ETF in the first quarter worth approximately $221,000. Capital Analysts LLC increased its position in shares of Federated Hermes MDT Large Cap Value ETF by 3.3% during the second quarter. Capital Analysts LLC now owns 9,786 shares of the company’s stock worth $351,000 after purchasing an additional 311 shares in the last quarter. Comprehensive Financial Planning Inc. PA raised its stake in Federated Hermes MDT Large Cap Value ETF by 81.8% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 31,023 shares of the company’s stock valued at $1,112,000 after purchasing an additional 13,959 shares during the last quarter. Allegheny Financial Group raised its stake in Federated Hermes MDT Large Cap Value ETF by 8.7% in the 1st quarter. Allegheny Financial Group now owns 45,380 shares of the company’s stock valued at $1,430,000 after purchasing an additional 3,631 shares during the last quarter. Finally, Eastern Bank raised its stake in Federated Hermes MDT Large Cap Value ETF by 227.0% in the 2nd quarter. Eastern Bank now owns 305,324 shares of the company’s stock valued at $10,948,000 after purchasing an additional 211,956 shares during the last quarter.

Federated Hermes MDT Large Cap Value ETF Company Profile

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