Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Sees Large Growth in Short Interest

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,717 shares, an increase of 284.1% from the June 30th total of 447 shares. Based on an average trading volume of 10,172 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Virtus KAR Mid-Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of KMID. Advisory Resource Group increased its stake in Virtus KAR Mid-Cap ETF by 6.3% in the 4th quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock worth $870,000 after buying an additional 2,119 shares in the last quarter. Stephens Inc. AR raised its stake in Virtus KAR Mid-Cap ETF by 43.9% during 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. Keystone Financial Services LLC raised its stake 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 purchasing an additional 4,788 shares during the period. World Investment Advisors purchased a new stake in Virtus KAR Mid-Cap ETF during the 1st quarter valued at approximately $242,000. Finally, Citadel Advisors LLC bought a new stake in shares of Virtus KAR Mid-Cap ETF during the third quarter valued at approximately $504,000.

Virtus KAR Mid-Cap ETF Price Performance

Shares of KMID stock traded up $0.21 during trading hours on Monday, reaching $25.37. 7,008 shares of the company traded hands, compared to its average volume of 10,723. The firm has a 50-day moving average price of $24.94 and a 200 day moving average price of $24.97. The company has a market cap of $46.43 million, a P/E ratio of 30.72 and a beta of 0.73. Virtus KAR Mid-Cap ETF has a 12-month low of $23.14 and a 12-month high of $26.03.

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.