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

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,123 shares, a decline of 85.1% from the July 30th total of 7,562 shares. Based on an average daily volume of 11,478 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Virtus KAR Mid-Cap ETF

Several hedge funds have recently added to or reduced their stakes in the company. Allegheny Financial Group boosted its stake in shares of Virtus KAR Mid-Cap ETF by 178.0% in the 4th quarter. Allegheny Financial Group now owns 440,618 shares of the company’s stock valued at $10,742,000 after purchasing an additional 282,118 shares during the last quarter. CLG LLC bought a new stake in shares of Virtus KAR Mid-Cap ETF during the second quarter worth approximately $1,657,000. Citadel Advisors LLC acquired a new position in Virtus KAR Mid-Cap ETF in the third quarter valued at approximately $504,000. World Investment Advisors acquired a new position in Virtus KAR Mid-Cap ETF in the first quarter valued at approximately $242,000. Finally, Stephens Inc. AR bought a new position in Virtus KAR Mid-Cap ETF in the fourth quarter valued at approximately $211,000.

Virtus KAR Mid-Cap ETF Stock Down 0.8%

NYSEARCA:KMID traded down $0.19 during trading hours on Thursday, hitting $24.78. 19,784 shares of the stock were exchanged, compared to its average volume of 11,026. The company has a market capitalization of $45.35 million, a P/E ratio of 30.72 and a beta of 0.72. The company’s 50 day moving average is $25.18 and its two-hundred day moving average is $24.96. Virtus KAR Mid-Cap ETF has a twelve month low of $23.14 and a twelve month 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.