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

Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 20,898 shares, an increase of 149.4% from the September 15th total of 8,378 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,895 shares, the days-to-cover ratio is currently 5.4 days.

Federated Hermes Short Duration Corporate ETF Stock Down 0.1%

NYSEARCA FCSH opened at $23.68 on Thursday. Federated Hermes Short Duration Corporate ETF has a 52-week low of $23.57 and a 52-week high of $24.64. The company has a fifty day moving average of $23.88 and a 200-day moving average of $24.08.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Federated Hermes Short Duration Corporate ETF stock. Envestnet Asset Management Inc. raised its position in shares of Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) by 1.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,264 shares of the company’s stock after purchasing an additional 808 shares during the period. Envestnet Asset Management Inc. owned approximately 2.83% of Federated Hermes Short Duration Corporate ETF worth $1,912,000 at the end of the most recent reporting period.

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.