Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) Short Interest Update

Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 23,803 shares, a drop of 45.7% from the May 31st total of 43,872 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 13,086 shares, the days-to-cover ratio is presently 1.8 days.

Federated Hermes MDT Large Cap Core ETF Stock Performance

FLCC traded up $0.14 during trading on Thursday, reaching $35.33. 8,218 shares of the stock were exchanged, compared to its average volume of 34,281. The stock has a market cap of $113.06 million, a P/E ratio of 24.00 and a beta of 1.00. The stock’s 50 day moving average price is $34.73 and its two-hundred day moving average price is $33.09. Federated Hermes MDT Large Cap Core ETF has a twelve month low of $29.88 and a twelve month high of $35.83.

Institutional Trading of Federated Hermes MDT Large Cap Core ETF

A number of hedge funds have recently modified their holdings of the stock. BlueStem Wealth Partners LLC acquired a new stake in Federated Hermes MDT Large Cap Core ETF during the third quarter worth approximately $12,545,000. GTS Financial LLC acquired a new stake in Federated Hermes MDT Large Cap Core ETF during the 1st quarter worth approximately $5,105,000. Baer Investment Advisory LLC bought a new stake in Federated Hermes MDT Large Cap Core ETF in the 1st quarter valued at $625,000. Wealth Enhancement Advisory Services LLC acquired a new position in Federated Hermes MDT Large Cap Core ETF in the 4th quarter valued at $580,000. Finally, Focus Partners Advisor Solutions LLC bought a new position in Federated Hermes MDT Large Cap Core ETF during the 4th quarter worth $353,000.

About Federated Hermes MDT Large Cap Core ETF

The Federated Hermes MDT Large Cap Core ETF (FLCC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing primarily in large-cap US companies within the Russell 1000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management. FLCC was launched on Jul 30, 2024 and is issued by Federated Hermes.