Congress SMid Growth ETF (NYSEARCA:CSMD) Short Interest Update

Congress SMid Growth ETF (NYSEARCA:CSMD) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 17,698 shares, a decrease of 53.3% from the July 30th total of 37,898 shares. Based on an average daily volume of 52,530 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Congress SMid Growth ETF Stock Down 2.4%

Shares of NYSEARCA:CSMD traded down $0.84 during midday trading on Friday, reaching $34.42. The company’s stock had a trading volume of 19,828 shares, compared to its average volume of 61,980. The firm has a market cap of $463.98 million, a price-to-earnings ratio of 27.46 and a beta of 1.18. Congress SMid Growth ETF has a 1 year low of $29.53 and a 1 year high of $37.04. The business has a 50 day moving average price of $35.12 and a 200 day moving average price of $33.78.

Institutional Trading of Congress SMid Growth ETF

A hedge fund recently raised its position in Congress SMid Growth ETF stock. Harbor Investment Advisory LLC raised its holdings in Congress SMid Growth ETF (NYSEARCA:CSMD) by 19.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,665 shares of the company’s stock after buying an additional 425 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Congress SMid Growth ETF were worth $82,000 at the end of the most recent quarter.

About Congress SMid Growth ETF

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.