Virtus KAR Mid-Cap ETF (NYSEARCA:KMID – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 502 shares, a decrease 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 company’s shares are sold short.
Virtus KAR Mid-Cap ETF Trading Down 2.0%
NYSEARCA KMID traded down $0.49 during trading hours on Wednesday, reaching $24.55. The company had a trading volume of 26,249 shares, compared to its average volume of 11,450. The stock has a 50-day moving average of $24.76 and a 200 day moving average of $24.81. Virtus KAR Mid-Cap ETF has a 1-year low of $23.14 and a 1-year high of $26.03. The stock has a market capitalization of $42.47 million, a P/E ratio of 30.72 and a beta of 0.75.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Allegheny Financial Group lifted its position in Virtus KAR Mid-Cap ETF by 125.8% in the third quarter. Allegheny Financial Group now owns 158,500 shares of the company’s stock valued at $3,910,000 after buying an additional 88,317 shares during the last quarter. Stephens Inc. AR acquired a new position in Virtus KAR Mid-Cap ETF in the fourth quarter valued at about $211,000. Advisory Resource Group lifted its position in Virtus KAR Mid-Cap ETF by 6.3% in 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 during the last quarter. Citadel Advisors LLC acquired a new position in Virtus KAR Mid-Cap ETF in the third quarter valued at about $504,000. Finally, CLG LLC acquired a new position in Virtus KAR Mid-Cap ETF in the second quarter valued at about $1,657,000.
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.
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