Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Short Interest Up 59.7% in July

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 60,198 shares, a growth of 59.7% from the July 15th total of 37,700 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 36,281 shares, the days-to-cover ratio is presently 1.7 days.

Federated Hermes MDT Small Cap Core ETF Price Performance

Shares of FSCC opened at $36.09 on Thursday. Federated Hermes MDT Small Cap Core ETF has a one year low of $27.68 and a one year high of $37.52. The company has a market cap of $317.59 million, a P/E ratio of 15.80 and a beta of 1.23. The firm has a 50 day simple moving average of $35.92 and a two-hundred day simple moving average of $33.46.

Institutional Investors Weigh In On Federated Hermes MDT Small Cap Core ETF

Several hedge funds have recently modified their holdings of FSCC. Parkside Financial Bank & Trust acquired a new stake in Federated Hermes MDT Small Cap Core ETF in the fourth quarter valued at $25,000. Waverly Advisors LLC bought a new stake in Federated Hermes MDT Small Cap Core ETF in the first quarter valued at $210,000. Sanctuary Advisors LLC bought a new stake in Federated Hermes MDT Small Cap Core ETF in the 4th quarter valued at about $313,000. Johnson Financial Group Inc. acquired a new position in shares of Federated Hermes MDT Small Cap Core ETF during the first quarter worth approximately $362,000. Finally, Susquehanna International Group LLP acquired a new position in Federated Hermes MDT Small Cap Core ETF during the third quarter worth $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.