Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Short Interest Down 80.4% in May

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 502 shares, a drop of 80.4% from the May 14th total of 2,557 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,184 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Virtus KAR Mid-Cap ETF

Hedge funds have recently modified their holdings of the business. Stephens Inc. AR acquired a new stake in shares of Virtus KAR Mid-Cap ETF in the 4th quarter valued at approximately $211,000. EverSource Wealth Advisors LLC increased its stake in Virtus KAR Mid-Cap ETF by 12,943.7% in the 3rd 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 in the last quarter. World Investment Advisors purchased a new position in Virtus KAR Mid-Cap ETF in the 1st quarter valued at approximately $242,000. Citadel Advisors LLC purchased a new position in Virtus KAR Mid-Cap ETF in the 3rd quarter valued at approximately $504,000. Finally, Advisory Resource Group increased its stake in Virtus KAR Mid-Cap ETF by 6.3% in the 4th quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock valued at $870,000 after purchasing an additional 2,119 shares in the last quarter.

Virtus KAR Mid-Cap ETF Trading Down 2.0%

Shares of KMID traded down $0.49 during mid-day trading on Wednesday, hitting $24.55. The company’s stock had a trading volume of 26,249 shares, compared to its average volume of 11,450. The firm has a 50-day simple moving average of $24.76 and a 200 day simple moving average of $24.81. The firm has a market capitalization of $42.47 million, a P/E ratio of 30.72 and a beta of 0.75. Virtus KAR Mid-Cap ETF has a 1-year low of $23.14 and a 1-year high of $26.03.

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.