Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Shares Shorted: Short Interest Down 97.9% in October

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 7,264 shares, a drop of 97.9% from the October 15th total of 346,465 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 47,360 shares, the short-interest ratio is presently 0.2 days.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Private Advisor Group LLC grew its position in Federated Hermes MDT Small Cap Core ETF by 3.4% in the 3rd quarter. Private Advisor Group LLC now owns 153,050 shares of the company’s stock valued at $5,121,000 after acquiring an additional 5,057 shares during the last quarter. First Financial Bankshares Inc lifted its position in shares of Federated Hermes MDT Small Cap Core ETF by 1.7% during the third quarter. First Financial Bankshares Inc now owns 750,972 shares of the company’s stock worth $25,128,000 after purchasing an additional 12,776 shares during the last quarter. Heritage Trust Co lifted its position in shares of Federated Hermes MDT Small Cap Core ETF by 1.6% during the third quarter. Heritage Trust Co now owns 64,541 shares of the company’s stock worth $2,160,000 after purchasing an additional 1,038 shares during the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of Federated Hermes MDT Small Cap Core ETF during the third quarter valued at $1,688,000. Finally, GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in shares of Federated Hermes MDT Small Cap Core ETF during the third quarter valued at $44,423,000.

Federated Hermes MDT Small Cap Core ETF Price Performance

Shares of NYSEARCA:FSCC traded down $0.51 during trading hours on Thursday, hitting $33.85. 57,887 shares of the company’s stock traded hands, compared to its average volume of 77,550. The firm has a market capitalization of $453.59 million, a P/E ratio of 14.51 and a beta of 1.23. The business has a fifty day moving average price of $34.12 and a 200-day moving average price of $33.68. Federated Hermes MDT Small Cap Core ETF has a 1 year low of $27.83 and a 1 year high of $37.52.

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.