Virtus KAR Mid-Cap ETF (NYSEARCA:KMID – Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 448 shares, a drop of 44.0% from the April 15th total of 800 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 10,037 shares, the days-to-cover ratio is presently 0.0 days.
Hedge Funds Weigh In On Virtus KAR Mid-Cap ETF
A number of institutional investors have recently added to or reduced their stakes in KMID. Allegheny Financial Group lifted its position in Virtus KAR Mid-Cap ETF by 178.0% during the fourth quarter. Allegheny Financial Group now owns 440,618 shares of the company’s stock worth $10,742,000 after buying an additional 282,118 shares in the last quarter. CLG LLC purchased a new position in Virtus KAR Mid-Cap ETF during the second quarter worth approximately $1,657,000. Citadel Advisors LLC purchased a new position in Virtus KAR Mid-Cap ETF during the third quarter worth approximately $504,000. New Insight Wealth Advisors lifted its position in Virtus KAR Mid-Cap ETF by 4.7% during the third quarter. New Insight Wealth Advisors now owns 237,737 shares of the company’s stock worth $5,865,000 after buying an additional 10,593 shares in the last quarter. Finally, World Investment Advisors purchased a new position in Virtus KAR Mid-Cap ETF during the first quarter worth approximately $242,000.
Virtus KAR Mid-Cap ETF Stock Up 0.4%
Shares of NYSEARCA KMID traded up $0.10 during midday trading on Monday, hitting $24.28. The stock had a trading volume of 7,281 shares, compared to its average volume of 11,891. The company has a market capitalization of $42.00 million, a PE ratio of 30.72 and a beta of 0.83. The stock has a 50 day simple moving average of $24.57 and a 200-day simple moving average of $24.74. Virtus KAR Mid-Cap ETF has a 1 year low of $23.14 and a 1 year high of $26.03.
About Virtus KAR Mid-Cap ETF
The Virtus KAR Mid-Cap ETF (KMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is actively managed, investing in mid-cap companies with sustainable advantages, strong management, and low financial risk, primarily focusing on US stocks. The fund aims for long-term growth of capital. KMID was launched on Oct 15, 2024 and is issued by Virtus Investment Partners.
See Also
- Five stocks we like better than Virtus KAR Mid-Cap ETF
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Receive News & Ratings for Virtus KAR Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus KAR Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
