Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) Short Interest Down 62.0% in December

by · The Cerbat Gem

Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH – Get Free Report) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 2,708 shares, a decrease of 62.0% from the December 15th total of 7,133 shares. Based on an average trading volume of 6,555 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 6,555 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Federated Hermes Short Duration Corporate ETF stock. Federated Hermes Inc. purchased a new position in Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,065,689 shares of the company’s stock, valued at approximately $50,434,000. Federated Hermes Inc. owned about 79.45% of Federated Hermes Short Duration Corporate ETF as of its most recent SEC filing.

Federated Hermes Short Duration Corporate ETF Stock Performance

Shares of FCSH stock remained flat at $24.48 during trading hours on Wednesday. 3,589 shares of the stock traded hands, compared to its average volume of 1,177. Federated Hermes Short Duration Corporate ETF has a 12-month low of $23.87 and a 12-month high of $24.64. The firm has a 50 day moving average price of $24.46 and a 200 day moving average price of $24.43.

Federated Hermes Short Duration Corporate ETF Company Profile

(Get Free Report)

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.

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