Congress SMid Growth ETF (NYSEARCA:CSMD) Sees Significant Decrease in Short Interest

Congress SMid Growth ETF (NYSEARCA:CSMD) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,755 shares, a decrease of 69.6% from the September 15th total of 5,765 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 31,823 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Congress SMid Growth ETF

A hedge fund recently raised its stake in Congress SMid Growth ETF stock. Harbor Investment Advisory LLC lifted its stake in shares of Congress SMid Growth ETF (NYSEARCA:CSMD) by 19.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,665 shares of the company’s stock after acquiring an additional 425 shares during the period. Harbor Investment Advisory LLC’s holdings in Congress SMid Growth ETF were worth $82,000 as of its most recent SEC filing.

Congress SMid Growth ETF Stock Performance

Shares of NYSEARCA:CSMD opened at $34.32 on Wednesday. The business’s fifty day moving average price is $34.54 and its two-hundred day moving average price is $34.03. The stock has a market cap of $477.05 million, a PE ratio of 27.46 and a beta of 1.18. Congress SMid Growth ETF has a one year low of $29.53 and a one year high of $37.04.

Congress SMid Growth ETF Company Profile

The Congress SMid Growth ETF (CSMD) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in small- and mid-cap companies believed to be experiencing or will experience earnings growth. CSMD was launched on Aug 22, 2023 and is issued by Congress.