Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) Stock Short Interest Report for October

Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 11,083 shares, a decrease of 47.0% from the September 30th total of 20,898 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 1,262 shares, the short-interest ratio is currently 8.8 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Federated Hermes Short Duration Corporate ETF stock. Cordgrass Capital Advisors LLC raised its stake in shares of Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) by 80.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,222 shares of the company’s stock after purchasing an additional 992 shares during the period. Cordgrass Capital Advisors LLC owned 0.08% of Federated Hermes Short Duration Corporate ETF worth $52,000 at the end of the most recent reporting period.

Federated Hermes Short Duration Corporate ETF Stock Down 0.3%

Shares of FCSH traded down $0.06 during trading hours on Friday, reaching $23.81. 1,728 shares of the company traded hands, compared to its average volume of 1,725. The stock has a fifty day simple moving average of $23.81 and a 200 day simple moving average of $24.16. Federated Hermes Short Duration Corporate ETF has a fifty-two week low of $23.57 and a fifty-two week high of $24.64.

Federated Hermes Short Duration Corporate ETF Company Profile

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.