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

Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 1,349 shares, a decrease 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 trading volume of 1,169 shares, the short-interest ratio is currently 1.2 days. Based on an average trading 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.

Institutional Inflows and Outflows

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

Federated Hermes Short Duration Corporate ETF Price Performance

Shares of FCSH stock opened at $24.48 on Thursday. The firm has a fifty day moving average of $24.47 and a two-hundred day moving average of $24.45. Federated Hermes Short Duration Corporate ETF has a 1-year low of $23.87 and a 1-year high of $24.64.

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.