Virtus KAR Mid-Cap ETF (NYSEARCA:KMID – Get Free Report) 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. Based on an average daily volume of 8,617 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.
Institutional Trading of Virtus KAR Mid-Cap ETF
A number of large investors have recently made changes to their positions in the stock. Citadel Advisors LLC purchased a new position in shares of Virtus KAR Mid-Cap ETF during the second quarter valued at approximately $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 last quarter. Finally, World Investment Advisors bought a new stake in Virtus KAR Mid-Cap ETF in the 1st quarter worth approximately $242,000.
Virtus KAR Mid-Cap ETF Stock Performance
Shares of NYSEARCA:KMID traded down $0.20 during midday trading on Tuesday, reaching $24.13. 2,602 shares of the company’s stock traded hands, compared to its average volume of 12,725. The company has a market cap of $51.87 million, a price-to-earnings ratio of 30.72 and a beta of 0.72. Virtus KAR Mid-Cap ETF has a one year low of $23.14 and a one year high of $26.03. The stock has a 50 day moving average of $24.01 and a 200 day moving average of $24.76.
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.
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