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

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CSMD. Integrated Wealth Concepts LLC grew its holdings in Congress SMid Growth ETF by 17.0% during the third 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 during the period. Congress Asset Management Co. grew its holdings in Congress SMid Growth ETF by 9.2% during the fourth 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 during the period. Finally, Harbor Investment Advisory LLC grew its holdings in Congress SMid Growth ETF by 19.0% during the first quarter. Harbor Investment Advisory LLC now owns 2,665 shares of the company’s stock worth $82,000 after acquiring an additional 425 shares during the period.

Congress SMid Growth ETF Price Performance

Shares of CSMD traded down $0.55 during trading hours on Friday, reaching $32.83. 45,307 shares of the company’s stock traded hands, compared to its average volume of 77,821. The firm has a market capitalization of $441.56 million, a price-to-earnings ratio of 27.46 and a beta of 1.18. Congress SMid Growth ETF has a twelve month low of $29.53 and a twelve month high of $35.38. The business’s fifty day simple moving average is $32.22 and its two-hundred day simple moving average is $32.69.

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.