Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Sees Large Increase in Short Interest

by · The Cerbat Gem

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,557 shares, an increase of 470.8% from the April 30th total of 448 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,337 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Virtus KAR Mid-Cap ETF

Institutional investors have recently modified their holdings of the company. Allegheny Financial Group lifted its holdings in shares of Virtus KAR Mid-Cap ETF by 125.8% in the third quarter. Allegheny Financial Group now owns 158,500 shares of the company’s stock valued at $3,910,000 after buying an additional 88,317 shares during the period. Keystone Financial Services LLC lifted its holdings in shares of Virtus KAR Mid-Cap ETF by 2.7% during the fourth quarter. Keystone Financial Services LLC now owns 181,145 shares of the company’s stock valued at $4,416,000 after purchasing an additional 4,788 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Virtus KAR Mid-Cap ETF by 12,943.7% during the third quarter. EverSource Wealth Advisors LLC now owns 9,261 shares of the company’s stock valued at $228,000 after purchasing an additional 9,190 shares during the last quarter. CLG LLC purchased a new stake in shares of Virtus KAR Mid-Cap ETF during the second quarter valued at $1,657,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Virtus KAR Mid-Cap ETF during the third quarter valued at $504,000.

Virtus KAR Mid-Cap ETF Price Performance

Shares of Virtus KAR Mid-Cap ETF stock traded down $0.04 during trading on Friday, hitting $24.78. The stock had a trading volume of 1,938 shares, compared to its average volume of 11,341. The firm has a market cap of $42.87 million, a P/E ratio of 30.72 and a beta of 0.83. The business has a fifty day moving average of $24.61 and a two-hundred day moving average of $24.76. Virtus KAR Mid-Cap ETF has a fifty-two week low of $23.14 and a fifty-two week high of $26.03.

Virtus KAR Mid-Cap ETF Company Profile

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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.

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