Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) Stock Short Interest Report for September

Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 16,952 shares, a drop of 87.0% from the September 15th total of 130,309 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 466,170 shares, the days-to-cover ratio is currently 0.0 days.

Federated Hermes Total Return Bond ETF Trading Up 0.2%

FTRB traded up $0.05 on Monday, hitting $24.06. The company had a trading volume of 49,239 shares, compared to its average volume of 177,756. The firm has a market cap of $680.90 million, a P/E ratio of 8.09 and a beta of 0.13. Federated Hermes Total Return Bond ETF has a 1 year low of $23.86 and a 1 year high of $25.79. The company’s fifty day moving average price is $24.52 and its 200 day moving average price is $24.89.

Institutional Investors Weigh In On Federated Hermes Total Return Bond ETF

A number of institutional investors have recently made changes to their positions in FTRB. Envestnet Asset Management Inc. raised its position in Federated Hermes Total Return Bond ETF by 8.4% in the second quarter. Envestnet Asset Management Inc. now owns 874,340 shares of the company’s stock valued at $21,942,000 after purchasing an additional 67,693 shares during the period. Wilkerson Advisory Group LLC lifted its stake in Federated Hermes Total Return Bond ETF by 6.8% during the first quarter. Wilkerson Advisory Group LLC now owns 594,257 shares of the company’s stock worth $14,943,000 after purchasing an additional 37,775 shares in the last quarter. GTS Financial LLC purchased a new position in shares of Federated Hermes Total Return Bond ETF during the first quarter worth $12,548,000. Platform Technology Partners boosted its position in shares of Federated Hermes Total Return Bond ETF by 5.4% during the first quarter. Platform Technology Partners now owns 480,861 shares of the company’s stock worth $12,091,000 after buying an additional 24,524 shares during the period. Finally, Allegheny Financial Group grew its stake in shares of Federated Hermes Total Return Bond ETF by 8.9% in the first quarter. Allegheny Financial Group now owns 364,934 shares of the company’s stock valued at $9,176,000 after buying an additional 29,776 shares in the last quarter.

About Federated Hermes Total Return Bond ETF

The Federated Hermes Total Return Bond ETF (FTRB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns from a core portfolio of US fixed-income securities with varying credit ratings and maturity. The fund selects securities through its Alpha Pod Process. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.