Congress SMid Growth ETF (NYSEARCA:CSMD) Sees Large Decline in Short Interest

Congress SMid Growth ETF (NYSEARCA:CSMD) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 1,755 shares, a decline of 69.6% from the September 15th total of 5,765 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 31,823 shares, the short-interest ratio is currently 0.1 days.

Congress SMid Growth ETF Price Performance

Congress SMid Growth ETF stock traded down $0.28 during mid-day trading on Monday, hitting $34.40. The company’s stock had a trading volume of 27,478 shares, compared to its average volume of 57,535. The firm’s 50 day moving average is $34.57 and its 200 day moving average is $34.00. The company has a market cap of $478.43 million, a PE ratio of 27.46 and a beta of 1.18. Congress SMid Growth ETF has a 52-week low of $29.53 and a 52-week high of $37.04.

Hedge Funds Weigh In On Congress SMid Growth ETF

A hedge fund recently raised its stake 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 Form 13F filing with the SEC. The firm owned 2,665 shares of the company’s stock after purchasing an additional 425 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Congress SMid Growth ETF were worth $82,000 as of its most recent filing with the SEC.

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.