Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Short Interest Update

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,123 shares, a decrease of 85.1% from the July 30th total of 7,562 shares. Based on an average daily volume of 11,478 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. CLG LLC acquired a new stake in shares of Virtus KAR Mid-Cap ETF in the 2nd quarter valued at about $1,657,000. Citadel Advisors LLC acquired a new position in Virtus KAR Mid-Cap ETF in the third quarter worth about $504,000. Allegheny Financial Group grew its stake in Virtus KAR Mid-Cap ETF by 178.0% in the fourth quarter. Allegheny Financial Group now owns 440,618 shares of the company’s stock worth $10,742,000 after purchasing an additional 282,118 shares in the last quarter. Stephens Inc. AR bought a new stake in Virtus KAR Mid-Cap ETF in the fourth quarter valued at about $211,000. Finally, Advisory Resource Group raised its stake in Virtus KAR Mid-Cap ETF by 6.3% during the fourth quarter. Advisory Resource Group now owns 35,693 shares of the company’s stock valued at $870,000 after buying an additional 2,119 shares in the last quarter.

Virtus KAR Mid-Cap ETF Stock Down 0.9%

Shares of Virtus KAR Mid-Cap ETF stock traded down $0.22 on Friday, hitting $24.56. 6,255 shares of the company’s stock traded hands, compared to its average volume of 10,997. Virtus KAR Mid-Cap ETF has a 52-week low of $23.14 and a 52-week high of $26.03. The stock has a market cap of $44.94 million, a P/E ratio of 30.72 and a beta of 0.72. The firm’s 50-day moving average is $25.17 and its 200 day moving average is $24.95.

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.