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 target of a large decrease in short interest in 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 trading volume of 58,919 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Federated Hermes MDT Large Cap Value ETF Stock Up 0.7%

Shares of NYSEARCA:FLCV traded up $0.25 during trading on Friday, reaching $36.92. 31,870 shares of the company’s stock traded hands, compared to its average volume of 26,635. Federated Hermes MDT Large Cap Value ETF has a fifty-two week low of $29.60 and a fifty-two week high of $38.29. The company has a 50-day simple moving average of $37.17 and a 200-day simple moving average of $35.42. The firm has a market cap of $173.52 million, a PE ratio of 18.26 and a beta of 0.75.

Institutional Trading of Federated Hermes MDT Large Cap Value ETF

Several institutional investors have recently bought and sold shares of the business. Eastern Bank lifted its position in shares of Federated Hermes MDT Large Cap Value ETF by 227.0% during the 2nd quarter. Eastern Bank now owns 305,324 shares of the company’s stock valued at $10,948,000 after buying an additional 211,956 shares in the last quarter. Comprehensive Financial Planning Inc. PA increased its holdings 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 worth $1,112,000 after acquiring an additional 13,959 shares in the last quarter. Stonebridge Financial Group LLC MO purchased a new stake in Federated Hermes MDT Large Cap Value ETF in the 1st quarter worth $221,000. Allegheny Financial Group raised its position in Federated Hermes MDT Large Cap Value ETF by 8.7% during the first quarter. Allegheny Financial Group now owns 45,380 shares of the company’s stock worth $1,430,000 after acquiring an additional 3,631 shares during the period. Finally, Capital Analysts LLC raised its position in 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 acquiring an additional 311 shares during the period.

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.