Short Interest in Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Drops By 43.8%

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 447 shares, a decline of 43.8% from the June 15th total of 795 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,671 shares, the days-to-cover ratio is presently 0.1 days.

Virtus KAR Mid-Cap ETF Trading Down 0.9%

Virtus KAR Mid-Cap ETF stock opened at $25.32 on Friday. The company has a market cap of $46.84 million, a PE ratio of 30.72 and a beta of 0.73. Virtus KAR Mid-Cap ETF has a 1 year low of $23.14 and a 1 year high of $26.03. The company’s 50-day moving average is $24.85 and its two-hundred day moving average is $24.94.

Hedge Funds Weigh In On Virtus KAR Mid-Cap ETF

Several large investors have recently bought and sold shares of KMID. Stephens Inc. AR grew its holdings 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 worth $296,000 after acquiring an additional 3,795 shares during the period. World Investment Advisors bought a new position in Virtus KAR Mid-Cap ETF during the 1st quarter worth approximately $242,000. Allegheny Financial Group increased its stake in Virtus KAR Mid-Cap ETF by 40.8% in the first quarter. Allegheny Financial Group now owns 620,374 shares of the company’s stock valued at $14,790,000 after purchasing an additional 179,756 shares in the last quarter. Advisory Resource Group increased its stake in Virtus KAR Mid-Cap ETF by 6.3% in the fourth quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock valued at $870,000 after purchasing an additional 2,119 shares in the last quarter. Finally, Keystone Financial Services LLC raised its holdings in Virtus KAR Mid-Cap ETF by 2.7% in the fourth quarter. Keystone Financial Services LLC now owns 181,145 shares of the company’s stock worth $4,416,000 after purchasing an additional 4,788 shares during the period.

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.