Congress SMid Growth ETF (NYSEARCA:CSMD) Short Interest Down 52.4% in April

Congress SMid Growth ETF (NYSEARCA:CSMD) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 7,926 shares, a decrease of 52.4% from the April 15th total of 16,634 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 82,066 shares, the short-interest ratio is presently 0.1 days.

Congress SMid Growth ETF Price Performance

CSMD stock traded down $0.51 during mid-day trading on Friday, reaching $32.87. The company had a trading volume of 42,831 shares, compared to its average volume of 77,643. The company has a market capitalization of $442.10 million, a PE ratio of 27.46 and a beta of 1.18. The firm has a 50 day moving average of $32.23 and a 200 day moving average of $32.69. Congress SMid Growth ETF has a 12 month low of $29.53 and a 12 month high of $35.38.

Hedge Funds Weigh In On Congress SMid Growth ETF

Hedge funds have recently added to or reduced their stakes in the stock. Harbor Investment Advisory LLC grew its stake in Congress SMid Growth ETF by 19.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 2,665 shares of the company’s stock worth $82,000 after acquiring an additional 425 shares in the last quarter. Congress Asset Management Co. grew its stake in Congress SMid Growth ETF by 9.2% in the 4th quarter. Congress Asset Management Co. now owns 82,107 shares of the company’s stock worth $2,596,000 after acquiring an additional 6,943 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in Congress SMid Growth ETF by 17.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 112,625 shares of the company’s stock worth $3,752,000 after acquiring an additional 16,371 shares in the last quarter.

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.