Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Short Interest Up 284.1% in July

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 1,717 shares, a growth of 284.1% from the June 30th total of 447 shares. Based on an average daily trading volume, of 10,172 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Virtus KAR Mid-Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Stephens Inc. AR boosted its stake in Virtus KAR Mid-Cap ETF by 43.9% in the 1st quarter. Stephens Inc. AR now owns 12,430 shares of the company’s stock worth $296,000 after purchasing an additional 3,795 shares in the last quarter. World Investment Advisors purchased a new stake 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% during the 1st 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% during the 4th 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 increased its stake in Virtus KAR Mid-Cap ETF by 2.7% during the 4th quarter. Keystone Financial Services LLC now owns 181,145 shares of the company’s stock valued at $4,416,000 after purchasing an additional 4,788 shares in the last quarter.

Virtus KAR Mid-Cap ETF Price Performance

Virtus KAR Mid-Cap ETF stock traded down $0.08 during midday trading on Friday, reaching $25.16. The company’s stock had a trading volume of 5,415 shares, compared to its average volume of 10,750. The stock has a market capitalization of $46.04 million, a P/E ratio of 30.72 and a beta of 0.73. The stock’s 50-day simple moving average is $24.92 and its 200-day simple moving average is $24.97. Virtus KAR Mid-Cap ETF has a 52-week low of $23.14 and a 52-week high of $26.03.

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.