Congress SMid Growth ETF (NYSEARCA:CSMD) Short Interest Down 52.4% in April

Congress SMid Growth ETF (NYSEARCA:CSMD) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 7,926 shares, a drop of 52.4% from the April 15th total of 16,634 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 82,066 shares, the days-to-cover ratio is presently 0.1 days.

Congress SMid Growth ETF Stock Down 1.6%

Congress SMid Growth ETF stock traded down $0.55 during mid-day trading on Friday, reaching $32.83. 45,307 shares of the company’s stock were exchanged, compared to its average volume of 77,821. The business’s fifty day simple moving average is $32.22 and its 200 day simple moving average is $32.68. The firm has a market capitalization of $441.56 million, a PE ratio of 27.46 and a beta of 1.18. Congress SMid Growth ETF has a one year low of $29.53 and a one year high of $35.38.

Institutional Trading of Congress SMid Growth ETF

Hedge funds have recently bought and sold shares of the business. Harbor Investment Advisory LLC increased its position in Congress SMid Growth ETF by 19.0% in the first quarter. Harbor Investment Advisory LLC now owns 2,665 shares of the company’s stock worth $82,000 after buying an additional 425 shares during the last quarter. Congress Asset Management Co. increased its position in Congress SMid Growth ETF by 9.2% in the fourth quarter. Congress Asset Management Co. now owns 82,107 shares of the company’s stock worth $2,596,000 after buying an additional 6,943 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in Congress SMid Growth ETF by 17.0% in the third quarter. Integrated Wealth Concepts LLC now owns 112,625 shares of the company’s stock worth $3,752,000 after buying an additional 16,371 shares during the last quarter.

Congress SMid Growth ETF Company Profile

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.