Congress SMid Growth ETF (NYSEARCA:CSMD) Shares Shorted: Short Interest Up 600.7% in October

Congress SMid Growth ETF (NYSEARCA:CSMD) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 12,298 shares, an increase of 600.7% from the September 30th total of 1,755 shares. Based on an average daily volume of 33,566 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Congress SMid Growth ETF

An institutional investor recently raised its position in Congress SMid Growth ETF stock. Harbor Investment Advisory LLC increased its stake in shares of Congress SMid Growth ETF (NYSEARCA:CSMD) by 19.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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 filing with the Securities & Exchange Commission.

Congress SMid Growth ETF Stock Performance

Shares of Congress SMid Growth ETF stock opened at $34.24 on Tuesday. The stock has a market cap of $478.40 million, a price-to-earnings 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 $37.04. The stock has a 50 day moving average price of $34.22 and a 200-day moving average price of $33.80.

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.