Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) Short Interest Down 80.4% in May

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 502 shares, a drop of 80.4% from the May 14th total of 2,557 shares. Based on an average daily volume of 5,184 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Virtus KAR Mid-Cap ETF Stock Up 0.3%

KMID traded up $0.08 during trading on Friday, reaching $25.09. The company’s stock had a trading volume of 4,001 shares, compared to its average volume of 11,538. The firm has a fifty day simple moving average of $24.81 and a two-hundred day simple moving average of $24.83. Virtus KAR Mid-Cap ETF has a 1 year low of $23.14 and a 1 year high of $26.03. The company has a market cap of $43.41 million, a price-to-earnings ratio of 30.72 and a beta of 0.75.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of KMID. CLG LLC purchased a new position in Virtus KAR Mid-Cap ETF in the 2nd quarter worth approximately $1,657,000. Allegheny Financial Group lifted its stake in Virtus KAR Mid-Cap ETF by 125.8% in the 3rd quarter. Allegheny Financial Group now owns 158,500 shares of the company’s stock worth $3,910,000 after purchasing an additional 88,317 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Virtus KAR Mid-Cap ETF by 12,943.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 9,261 shares of the company’s stock worth $228,000 after purchasing an additional 9,190 shares in the last quarter. Citadel Advisors LLC purchased a new position in Virtus KAR Mid-Cap ETF in the 3rd quarter worth approximately $504,000. Finally, Keystone Financial Services LLC lifted its stake in Virtus KAR Mid-Cap ETF by 2.7% in the 4th 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 in the last quarter.

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.