Virtus KAR Mid-Cap ETF (NYSEARCA:KMID – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,717 shares, a growth of 284.1% from the June 30th total of 447 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 10,172 shares, the days-to-cover ratio is presently 0.2 days.
Virtus KAR Mid-Cap ETF Stock Performance
Shares of NYSEARCA KMID traded down $0.08 during mid-day trading on Friday, hitting $25.16. The stock had a trading volume of 5,415 shares, compared to its average volume of 10,750. The firm has a market cap of $46.04 million, a PE ratio of 30.72 and a beta of 0.73. The company has a 50 day moving average of $24.92 and a two-hundred day moving average of $24.97. Virtus KAR Mid-Cap ETF has a twelve month low of $23.14 and a twelve month high of $26.03.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. Stephens Inc. AR purchased a new position in shares of Virtus KAR Mid-Cap ETF in the fourth quarter worth about $211,000. World Investment Advisors acquired a new stake in shares of Virtus KAR Mid-Cap ETF during the first quarter worth about $242,000. Citadel Advisors LLC purchased a new stake in Virtus KAR Mid-Cap ETF in the third quarter valued at approximately $504,000. Advisory Resource Group boosted its position in Virtus KAR Mid-Cap ETF by 6.3% in the fourth quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock valued at $870,000 after buying an additional 2,119 shares during the last quarter. Finally, CLG LLC acquired a new position in Virtus KAR Mid-Cap ETF in the 2nd quarter worth approximately $1,657,000.
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.
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