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

Congress SMid Growth ETF (NYSEARCA:CSMD) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 10,800 shares, a decrease of 29.9% from the August 31st total of 15,400 shares. Based on an average daily volume of 36,200 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 36,200 shares, the days-to-cover ratio is currently 0.3 days.

Congress SMid Growth ETF Trading Down 0.1%

Shares of CSMD stock opened at $33.53 on Monday. The firm’s 50 day moving average is $32.74 and its 200 day moving average is $30.59. The stock has a market capitalization of $373.86 million, a P/E ratio of 27.46 and a beta of 1.25. Congress SMid Growth ETF has a 12-month low of $24.23 and a 12-month high of $34.03.

Hedge Funds Weigh In On Congress SMid Growth ETF

An institutional investor recently bought a new position in Congress SMid Growth ETF stock. Congress Asset Management Co. purchased a new stake in shares of Congress SMid Growth ETF (NYSEARCA:CSMD) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 67,059 shares of the company’s stock, valued at approximately $2,091,000. Congress Asset Management Co. owned 0.64% of Congress SMid Growth ETF as of its most recent SEC filing.

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.