Short Interest in Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Decreases By 43.8%

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 447 shares, a decline of 43.8% from the June 15th total of 795 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,671 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Virtus KAR Mid-Cap ETF

Several hedge funds have recently modified their holdings of the stock. Stephens Inc. AR purchased a new position in Virtus KAR Mid-Cap ETF in the 4th quarter valued at $211,000. World Investment Advisors purchased a new stake in shares of Virtus KAR Mid-Cap ETF in the first quarter valued at about $242,000. Citadel Advisors LLC acquired a new position in shares of Virtus KAR Mid-Cap ETF during the third quarter worth about $504,000. Advisory Resource Group increased its stake in shares of Virtus KAR Mid-Cap ETF by 6.3% during the fourth quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock worth $870,000 after acquiring an additional 2,119 shares during the period. Finally, CLG LLC purchased a new position in Virtus KAR Mid-Cap ETF during the second quarter worth about $1,657,000.

Virtus KAR Mid-Cap ETF Stock Performance

Virtus KAR Mid-Cap ETF stock traded down $0.16 during mid-day trading on Friday, reaching $25.38. 883 shares of the company were exchanged, compared to its average volume of 10,915. Virtus KAR Mid-Cap ETF has a twelve month low of $23.14 and a twelve month high of $26.03. The firm’s 50-day simple moving average is $24.84 and its two-hundred day simple moving average is $24.94. The firm has a market cap of $46.95 million, a PE ratio of 30.72 and a beta of 0.73.

Virtus KAR Mid-Cap ETF Company Profile

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.