Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Short Interest Update

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 7,562 shares, a growth of 340.4% from the July 15th total of 1,717 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,987 shares, the days-to-cover ratio is presently 0.8 days.

Virtus KAR Mid-Cap ETF Stock Performance

Shares of Virtus KAR Mid-Cap ETF stock traded down $0.06 on Friday, reaching $25.57. 6,890 shares of the stock were exchanged, compared to its average volume of 10,957. The firm’s 50 day moving average is $25.14 and its 200-day moving average is $24.97. Virtus KAR Mid-Cap ETF has a one year low of $23.14 and a one year high of $26.03. The firm has a market cap of $46.79 million, a PE ratio of 30.72 and a beta of 0.72.

Institutional Investors Weigh In On Virtus KAR Mid-Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allegheny Financial Group increased its stake in shares of Virtus KAR Mid-Cap ETF by 40.8% in the 1st quarter. Allegheny Financial Group now owns 620,374 shares of the company’s stock valued at $14,790,000 after purchasing an additional 179,756 shares during the last quarter. Keystone Financial Services LLC boosted its stake in Virtus KAR Mid-Cap ETF by 2.7% in the fourth quarter. Keystone Financial Services LLC now owns 181,145 shares of the company’s stock valued at $4,416,000 after buying an additional 4,788 shares in the last quarter. CLG LLC acquired a new stake in Virtus KAR Mid-Cap ETF in the second quarter valued at about $1,657,000. Advisory Resource Group grew its position in Virtus KAR Mid-Cap ETF by 6.3% in the fourth quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock valued at $870,000 after acquiring an additional 2,119 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in Virtus KAR Mid-Cap ETF in the third quarter valued at about $504,000.

Virtus KAR Mid-Cap ETF Company Profile

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.