Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Short Interest Update

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 39,762 shares, a drop of 33.9% from the July 30th total of 60,198 shares. Based on an average trading volume of 79,185 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

Federated Hermes MDT Small Cap Core ETF Stock Up 1.4%

Shares of NYSEARCA:FSCC opened at $35.45 on Thursday. Federated Hermes MDT Small Cap Core ETF has a twelve month low of $27.83 and a twelve month high of $37.52. The stock’s 50 day moving average is $35.92 and its 200-day moving average is $33.74. The firm has a market capitalization of $311.96 million, a price-to-earnings ratio of 15.80 and a beta of 1.23.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Parkside Financial Bank & Trust bought a new stake in shares of Federated Hermes MDT Small Cap Core ETF during the fourth quarter worth about $25,000. Waverly Advisors LLC bought a new stake in Federated Hermes MDT Small Cap Core ETF during the 1st quarter worth approximately $210,000. Sanctuary Advisors LLC purchased a new stake in shares of Federated Hermes MDT Small Cap Core ETF in the fourth quarter worth approximately $313,000. Johnson Financial Group Inc. purchased a new stake in shares of Federated Hermes MDT Small Cap Core ETF in the first quarter worth approximately $362,000. Finally, Susquehanna International Group LLP bought a new position in shares of Federated Hermes MDT Small Cap Core ETF in the third quarter valued at approximately $411,000.

Federated Hermes MDT Small Cap Core ETF Company Profile

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.