Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Short Interest Up 340.4% in July

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,562 shares, a growth of 340.4% from the July 15th total of 1,717 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 9,987 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Virtus KAR Mid-Cap ETF

Hedge funds have recently made changes to their positions in the business. CLG LLC purchased a new stake in shares of Virtus KAR Mid-Cap ETF during the second quarter worth about $1,657,000. Citadel Advisors LLC purchased a new stake in Virtus KAR Mid-Cap ETF during the 3rd quarter valued at approximately $504,000. Keystone Financial Services LLC grew its holdings in Virtus KAR Mid-Cap ETF by 2.7% during the 4th quarter. Keystone Financial Services LLC now owns 181,145 shares of the company’s stock valued at $4,416,000 after buying an additional 4,788 shares in the last quarter. Allegheny Financial Group raised its position in shares of Virtus KAR Mid-Cap ETF by 178.0% during the fourth quarter. Allegheny Financial Group now owns 440,618 shares of the company’s stock valued at $10,742,000 after buying an additional 282,118 shares during the last quarter. Finally, Stephens Inc. AR bought a new stake in shares of Virtus KAR Mid-Cap ETF during the fourth quarter valued at approximately $211,000.

Virtus KAR Mid-Cap ETF Trading Up 0.5%

Shares of KMID traded up $0.12 during trading hours on Thursday, reaching $25.63. 8,385 shares of the stock traded hands, compared to its average volume of 10,984. The company has a market cap of $46.90 million, a P/E ratio of 30.72 and a beta of 0.72. The company’s 50-day moving average price is $25.14 and its two-hundred day moving average price is $24.97. Virtus KAR Mid-Cap ETF has a 52-week low of $23.14 and a 52-week high of $26.03.

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.