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

Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 448 shares, a decline of 44.0% from the April 15th total of 800 shares. Based on an average daily volume of 10,037 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Virtus KAR Mid-Cap ETF Stock Down 1.1%

KMID traded down $0.27 during midday trading on Friday, hitting $24.18. The company had a trading volume of 3,896 shares, compared to its average volume of 11,942. Virtus KAR Mid-Cap ETF has a 52 week low of $23.14 and a 52 week high of $26.03. The company has a market capitalization of $41.83 million, a price-to-earnings ratio of 30.72 and a beta of 0.83. The stock’s 50 day moving average price is $24.60 and its 200 day moving average price is $24.74.

Institutional Investors Weigh In On Virtus KAR Mid-Cap ETF

Several hedge funds and other institutional investors have recently bought and sold shares of KMID. Allegheny Financial Group increased 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 valued at $10,742,000 after purchasing an additional 282,118 shares in the last quarter. CLG LLC bought a new stake in Virtus KAR Mid-Cap ETF in the second quarter valued at $1,657,000. Citadel Advisors LLC bought a new stake in Virtus KAR Mid-Cap ETF in the third quarter valued at $504,000. New Insight Wealth Advisors increased its stake in Virtus KAR Mid-Cap ETF by 4.7% in the third quarter. New Insight Wealth Advisors now owns 237,737 shares of the company’s stock valued at $5,865,000 after purchasing an additional 10,593 shares in the last quarter. Finally, World Investment Advisors bought a new stake in Virtus KAR Mid-Cap ETF in the first quarter valued at $242,000.

About Virtus KAR Mid-Cap ETF

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.