Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) Short Interest Update

Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 1,349 shares, a drop of 50.2% from the December 31st total of 2,708 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,169 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 1,169 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the company’s stock are short sold.

Federated Hermes Short Duration Corporate ETF Stock Up 0.0%

Federated Hermes Short Duration Corporate ETF stock opened at $24.48 on Thursday. Federated Hermes Short Duration Corporate ETF has a 12-month low of $23.87 and a 12-month high of $24.64. The firm’s fifty day moving average price is $24.47 and its 200 day moving average price is $24.45.

Institutional Investors Weigh In On Federated Hermes Short Duration Corporate ETF

A hedge fund recently bought a new stake in Federated Hermes Short Duration Corporate ETF stock. Envestnet Asset Management Inc. purchased a new position in shares of Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,636 shares of the company’s stock, valued at approximately $357,000. Envestnet Asset Management Inc. owned approximately 0.56% of Federated Hermes Short Duration Corporate ETF at the end of the most recent quarter.

About Federated Hermes Short Duration Corporate ETF

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.