Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) Short Interest Update

Federated Hermes MDT Large Cap Growth ETF (NYSEARCA:FLCG) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 5,611 shares, a drop of 48.4% from the April 15th total of 10,879 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 41,828 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Federated Hermes MDT Large Cap Growth ETF

Hedge funds have recently bought and sold shares of the stock. Wilkerson Advisory Group LLC acquired a new position in Federated Hermes MDT Large Cap Growth ETF in the 4th quarter valued at approximately $31,000. SHP Wealth Management bought a new stake in shares of Federated Hermes MDT Large Cap Growth ETF during the fourth quarter valued at approximately $87,000. Capital Analysts LLC increased its position in shares of Federated Hermes MDT Large Cap Growth ETF by 11.9% during the fourth quarter. Capital Analysts LLC now owns 12,795 shares of the company’s stock valued at $424,000 after purchasing an additional 1,357 shares during the period. Private Advisor Group LLC acquired a new position in shares of Federated Hermes MDT Large Cap Growth ETF in the first quarter valued at $545,000. Finally, Truist Financial Corp raised its stake in shares of Federated Hermes MDT Large Cap Growth ETF by 44.4% in the third quarter. Truist Financial Corp now owns 17,770 shares of the company’s stock valued at $580,000 after purchasing an additional 5,461 shares in the last quarter.

Federated Hermes MDT Large Cap Growth ETF Price Performance

Shares of NYSEARCA FLCG traded down $0.32 during trading hours on Friday, hitting $34.37. 18,441 shares of the stock were exchanged, compared to its average volume of 102,688. Federated Hermes MDT Large Cap Growth ETF has a one year low of $27.77 and a one year high of $34.73. The company’s 50 day moving average is $31.86 and its 200 day moving average is $32.30. The firm has a market capitalization of $505.24 million, a P/E ratio of 32.19 and a beta of 1.18.

About Federated Hermes MDT Large Cap Growth ETF

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