Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Stock Short Interest Report for October

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 346,465 shares, a growth of 1,513.3% from the September 30th total of 21,476 shares. Based on an average trading volume of 124,510 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.7% of the company’s stock are short sold.

Federated Hermes MDT Small Cap Core ETF Stock Up 0.5%

Federated Hermes MDT Small Cap Core ETF stock traded up $0.16 during trading hours on Monday, hitting $33.80. The stock had a trading volume of 40,871 shares, compared to its average volume of 74,220. The stock has a market capitalization of $439.40 million, a P/E ratio of 15.80 and a beta of 1.25. The stock’s 50-day moving average price is $34.54 and its 200-day moving average price is $33.54. Federated Hermes MDT Small Cap Core ETF has a 12-month low of $27.83 and a 12-month high of $37.52.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in shares of Federated Hermes MDT Small Cap Core ETF by 62.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,091,662 shares of the company’s stock valued at $40,752,000 after purchasing an additional 421,068 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in Federated Hermes MDT Small Cap Core ETF in the first quarter valued at approximately $7,970,000. Intrua Financial LLC purchased a new stake in Federated Hermes MDT Small Cap Core ETF in the first quarter valued at about $1,087,000. Arkadios Wealth Advisors acquired a new stake in Federated Hermes MDT Small Cap Core ETF in the 1st quarter worth approximately $943,000. Finally, Johnson Financial Group Inc. purchased a new stake in Federated Hermes MDT Small Cap Core ETF during the 1st quarter valued at about $362,000.

About Federated Hermes MDT Small Cap Core ETF

The Federated Hermes MDT Small Cap Core ETF (FSCC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, investing primarily in small-cap US companies within the Russell 2000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management FSCC was launched on Jul 30, 2024 and is issued by Federated Hermes.