Short Interest in Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) Grows By 159.0%

Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 9,113 shares, an increase of 159.0% from the June 15th total of 3,518 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 19,996 shares, the short-interest ratio is currently 0.5 days.

Federated Hermes MDT Large Cap Value ETF Stock Up 0.4%

NYSEARCA:FLCV opened at $35.99 on Thursday. The stock has a market cap of $100.77 million, a price-to-earnings ratio of 18.26 and a beta of 0.74. The company’s 50 day moving average price is $35.12 and its 200-day moving average price is $33.27. Federated Hermes MDT Large Cap Value ETF has a 52 week low of $29.20 and a 52 week high of $36.17.

Institutional Trading of Federated Hermes MDT Large Cap Value ETF

Several institutional investors have recently added to or reduced their stakes in the business. Stonebridge Financial Group LLC MO bought a new stake in shares of Federated Hermes MDT Large Cap Value ETF in the 1st quarter worth $221,000. Comprehensive Financial Planning Inc. PA lifted its holdings in shares of Federated Hermes MDT Large Cap Value ETF by 35.2% during the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 8,330 shares of the company’s stock valued at $259,000 after purchasing an additional 2,168 shares in the last quarter. Capital Analysts LLC lifted its holdings in shares of Federated Hermes MDT Large Cap Value ETF by 385.7% during the fourth quarter. Capital Analysts LLC now owns 8,708 shares of the company’s stock valued at $271,000 after purchasing an additional 6,915 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Federated Hermes MDT Large Cap Value ETF by 32.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 41,192 shares of the company’s stock worth $1,281,000 after acquiring an additional 10,120 shares during the period. Finally, Allegheny Financial Group bought a new stake in shares of Federated Hermes MDT Large Cap Value ETF in the fourth quarter worth approximately $1,299,000.

About Federated Hermes MDT Large Cap Value ETF

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.