Short Interest in Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Drops By 57.5%

Virtus KAR Mid-Cap ETF (NYSEARCA:KMIDGet Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 477 shares, a drop of 57.5% from the August 15th total of 1,123 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 11,863 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of KMID. Allegheny Financial Group grew its stake in shares of Virtus KAR Mid-Cap ETF by 40.8% during the 1st quarter. Allegheny Financial Group now owns 620,374 shares of the company’s stock worth $14,790,000 after purchasing an additional 179,756 shares during the period. Advisory Resource Group increased its holdings in shares of Virtus KAR Mid-Cap ETF by 6.3% during the 4th quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock valued at $870,000 after purchasing an additional 2,119 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Virtus KAR Mid-Cap ETF in the 2nd quarter valued at $495,000. Stephens Inc. AR lifted its stake in shares of Virtus KAR Mid-Cap ETF by 43.9% in the 1st quarter. Stephens Inc. AR now owns 12,430 shares of the company’s stock valued at $296,000 after purchasing an additional 3,795 shares during the period. Finally, World Investment Advisors purchased a new stake in Virtus KAR Mid-Cap ETF during the first quarter worth $242,000.

Virtus KAR Mid-Cap ETF Stock Down 1.1%

Shares of KMID stock traded down $0.25 on Tuesday, hitting $23.40. The company had a trading volume of 3,497 shares, compared to its average volume of 10,746. Virtus KAR Mid-Cap ETF has a twelve month low of $23.14 and a twelve month high of $26.03. The firm has a market cap of $46.78 million, a P/E ratio of 30.72 and a beta of 0.71. The company has a 50-day moving average price of $24.95 and a 200-day moving average price of $24.82.

Virtus KAR Mid-Cap ETF Company Profile

(Get Free Report)

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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