Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) Sees Significant Growth in Short Interest

Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 9,594 shares, a growth of 96.9% from the August 31st total of 4,873 shares. Based on an average daily trading volume, of 69,845 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Federated Hermes MDT Large Cap Core ETF

Several large investors have recently added to or reduced their stakes in FLCC. GTS Financial LLC bought a new stake in Federated Hermes MDT Large Cap Core ETF in the first quarter worth $5,105,000. Baer Investment Advisory LLC purchased a new position in Federated Hermes MDT Large Cap Core ETF during the first quarter worth $625,000. Citadel Advisors LLC purchased a new position in Federated Hermes MDT Large Cap Core ETF during the second quarter worth $412,000. Brady Martz Wealth Solutions LLC increased its position in Federated Hermes MDT Large Cap Core ETF by 29.6% during the first quarter. Brady Martz Wealth Solutions LLC now owns 14,070 shares of the company’s stock valued at $434,000 after acquiring an additional 3,215 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Federated Hermes MDT Large Cap Core ETF by 10.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,071 shares of the company’s stock valued at $881,000 after acquiring an additional 2,415 shares during the last quarter.

Federated Hermes MDT Large Cap Core ETF Stock Up 0.0%

Federated Hermes MDT Large Cap Core ETF stock opened at $36.29 on Thursday. The company’s 50-day moving average price is $36.53 and its 200-day moving average price is $34.85. The company has a market cap of $170.56 million, a PE ratio of 24.00 and a beta of 0.99. Federated Hermes MDT Large Cap Core ETF has a twelve month low of $29.88 and a twelve month high of $37.55.

About Federated Hermes MDT Large Cap Core ETF

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