Congress SMid Growth ETF (NYSEARCA:CSMD) Stock Short Interest Report for October

Congress SMid Growth ETF (NYSEARCA:CSMD) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 12,298 shares, a growth of 600.7% from the September 30th total of 1,755 shares. Based on an average daily volume of 33,566 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

Congress SMid Growth ETF Trading Up 1.1%

Shares of NYSEARCA:CSMD traded up $0.40 during midday trading on Thursday, reaching $35.27. The company had a trading volume of 9,389 shares, compared to its average volume of 56,576. The stock has a market cap of $492.72 million, a P/E ratio of 27.46 and a beta of 1.18. The company’s 50 day moving average price is $34.12 and its 200 day moving average price is $33.82. Congress SMid Growth ETF has a 52-week low of $29.53 and a 52-week high of $37.04.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Congress SMid Growth ETF stock. Harbor Investment Advisory LLC grew its holdings in Congress SMid Growth ETF (NYSEARCA:CSMD) by 19.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,665 shares of the company’s stock after purchasing an additional 425 shares during the period. Harbor Investment Advisory LLC’s holdings in Congress SMid Growth ETF were worth $82,000 as of its most recent SEC filing.

About Congress SMid Growth ETF

The Congress SMid Growth ETF (CSMD) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in small- and mid-cap companies believed to be experiencing or will experience earnings growth. CSMD was launched on Aug 22, 2023 and is issued by Congress.