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

by · The Markets Daily

Federated Hermes MDT Large Cap Value ETF (NYSEARCA:FLCV – Get Free Report) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 6,030 shares, an increase of 328.9% from the May 14th total of 1,406 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 5,374 shares, the short-interest ratio is presently 1.1 days.

Federated Hermes MDT Large Cap Value ETF Price Performance

FLCV traded up $0.65 during midday trading on Thursday, reaching $35.21. 5,653 shares of the company’s stock were exchanged, compared to its average volume of 11,502. The stock has a market capitalization of $88.03 million, a PE ratio of 18.26 and a beta of 0.77. The business’s 50-day moving average price is $33.86 and its 200 day moving average price is $32.51. Federated Hermes MDT Large Cap Value ETF has a 1-year low of $28.54 and a 1-year high of $35.39.

Hedge Funds Weigh In On Federated Hermes MDT Large Cap Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLCV. Stonebridge Financial Group LLC MO acquired a new position in Federated Hermes MDT Large Cap Value ETF during the first quarter worth about $221,000. Comprehensive Financial Planning Inc. PA raised its position in Federated Hermes MDT Large Cap Value ETF by 35.2% during the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 8,330 shares of the company’s stock worth $259,000 after acquiring an additional 2,168 shares during the last quarter. Capital Analysts LLC raised its position in Federated Hermes MDT Large Cap Value ETF by 385.7% during the fourth quarter. Capital Analysts LLC now owns 8,708 shares of the company’s stock worth $271,000 after acquiring an additional 6,915 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Federated Hermes MDT Large Cap Value ETF by 32.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 41,192 shares of the company’s stock worth $1,281,000 after acquiring an additional 10,120 shares during the last quarter. Finally, Allegheny Financial Group acquired a new position in Federated Hermes MDT Large Cap Value ETF during the fourth quarter worth about $1,299,000.

About Federated Hermes MDT Large Cap Value ETF

(Get Free Report)

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.

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