Federated Hermes Short Duration Corporate ETF Price & Performance (FCSH)

Federated Hermes (NYSE:FHI) experienced a significant rise in short interest during February, increasing by 29.3% to total 2,120,000 shares by mid-month. This growth highlights heightened market skepticism, as approximately 2.7% of the stock is now sold short. The short-interest ratio currently stands at 3.3 days, based on average trading volumes.12

StockNews.com recently downgraded Federated Hermes (NYSE:FHI) from a "strong-buy" to a "buy" rating. This follows mixed sentiments from other analysts, with some maintaining "hold" ratings and others adjusting price targets. The stock's average price target now stands at $42.17, reflecting cautious optimism about the company's future performance.13

Recent filings reveal increased activity by institutional investors in Federated Hermes (NYSE:FHI). Hedge funds have both boosted and adjusted their stakes, with Universal Beteiligungs und Servicegesellschaft mbH purchasing a new position worth $5.8 million. Meanwhile, insider transactions included the CEO reducing holdings by 3% earlier this year.14