Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) Short Interest Update

Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 2,000 shares, a drop of 37.5% from the May 15th total of 3,200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 4.0 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On Federated Hermes Short Duration Corporate ETF

A hedge fund recently bought a new stake in Federated Hermes Short Duration Corporate ETF stock. Jane Street Group LLC bought a new stake in Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,846 shares of the company’s stock, valued at approximately $308,000. Jane Street Group LLC owned about 1.17% of Federated Hermes Short Duration Corporate ETF at the end of the most recent quarter.

Federated Hermes Short Duration Corporate ETF Trading Up 0.1%

Shares of Federated Hermes Short Duration Corporate ETF stock traded up $0.02 during mid-day trading on Tuesday, reaching $24.20. 14,088 shares of the stock were exchanged, compared to its average volume of 556. The firm has a 50-day simple moving average of $24.14 and a 200 day simple moving average of $24.10. Federated Hermes Short Duration Corporate ETF has a fifty-two week low of $23.79 and a fifty-two week high of $24.60.

About Federated Hermes Short Duration Corporate ETF

The Federated Hermes Short Duration Corporate ETF (FCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks high current income through the active management of short-term US dollar-denominated corporate debt securities that are rated investment-grade. FCSH was launched on Dec 16, 2021 and is managed by Federated Hermes.