Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Stock Short Interest Report for October

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 2,555 shares, an increase of 563.6% from the September 30th total of 385 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 8,617 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in KMID. Citadel Advisors LLC bought a new position in Virtus KAR Mid-Cap ETF during the second quarter worth $495,000. Stephens Inc. AR boosted its holdings in Virtus KAR Mid-Cap ETF by 43.9% in the first quarter. Stephens Inc. AR now owns 12,430 shares of the company’s stock worth $296,000 after purchasing an additional 3,795 shares during the period. Finally, World Investment Advisors acquired a new position in Virtus KAR Mid-Cap ETF in the first quarter worth $242,000.

Virtus KAR Mid-Cap ETF Stock Performance

Shares of KMID stock traded down $0.18 during trading hours on Wednesday, hitting $24.12. 14,366 shares of the company were exchanged, compared to its average volume of 12,755. Virtus KAR Mid-Cap ETF has a one year low of $23.14 and a one year high of $26.03. The business’s 50-day simple moving average is $23.99 and its two-hundred day simple moving average is $24.76. The stock has a market capitalization of $51.86 million, a price-to-earnings ratio of 30.72 and a beta of 0.72.

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.