Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) Short Interest Update

Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 16,557 shares, a growth of 81.7% from the June 30th total of 9,113 shares. Based on an average daily trading volume, of 38,616 shares, the short-interest ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On Federated Hermes MDT Large Cap Value ETF

A number of hedge funds have recently made changes to their positions in FLCV. Stonebridge Financial Group LLC MO bought a new stake in shares of Federated Hermes MDT Large Cap Value ETF during the 1st quarter valued at approximately $221,000. Comprehensive Financial Planning Inc. PA lifted its stake in Federated Hermes MDT Large Cap Value ETF by 35.2% in the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 8,330 shares of the company’s stock valued at $259,000 after purchasing an additional 2,168 shares during the last quarter. Capital Analysts LLC boosted its position in Federated Hermes MDT Large Cap Value ETF by 385.7% in the fourth quarter. Capital Analysts LLC now owns 8,708 shares of the company’s stock valued at $271,000 after buying an additional 6,915 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Federated Hermes MDT Large Cap Value ETF by 32.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 41,192 shares of the company’s stock valued at $1,281,000 after buying an additional 10,120 shares in the last quarter. Finally, Allegheny Financial Group bought a new stake in shares of Federated Hermes MDT Large Cap Value ETF during the fourth quarter worth $1,299,000.

Federated Hermes MDT Large Cap Value ETF Price Performance

NYSEARCA:FLCV traded up $0.15 during trading hours on Thursday, hitting $36.79. The company’s stock had a trading volume of 5,250 shares, compared to its average volume of 17,804. The stock has a fifty day simple moving average of $35.56 and a 200-day simple moving average of $33.61. The company has a market capitalization of $128.76 million, a P/E ratio of 18.26 and a beta of 0.74. Federated Hermes MDT Large Cap Value ETF has a twelve month low of $29.20 and a twelve month high of $37.06.

Federated Hermes MDT Large Cap Value ETF Company Profile

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