Congress SMid Growth ETF (NYSEARCA:CSMD) Sees Significant Drop in Short Interest

Congress SMid Growth ETF (NYSEARCA:CSMDGet Free Report) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 17,698 shares, a decline of 53.3% from the July 30th total of 37,898 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 52,530 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Congress SMid Growth ETF

A hedge fund recently raised its position in Congress SMid Growth ETF stock. Integrated Wealth Concepts LLC raised its position in shares of Congress SMid Growth ETF (NYSEARCA:CSMDFree Report) by 8.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 122,535 shares of the company’s stock after buying an additional 9,910 shares during the quarter. Integrated Wealth Concepts LLC owned about 0.91% of Congress SMid Growth ETF worth $3,875,000 at the end of the most recent quarter.

Congress SMid Growth ETF Stock Down 0.5%

Shares of NYSEARCA:CSMD traded down $0.18 during trading on Monday, hitting $34.24. The stock had a trading volume of 37,824 shares, compared to its average volume of 61,834. The company has a market capitalization of $461.56 million, a PE ratio of 27.46 and a beta of 1.18. The firm’s fifty day moving average is $35.12 and its 200 day moving average is $33.78. Congress SMid Growth ETF has a 12 month low of $29.53 and a 12 month high of $37.04.

About Congress SMid Growth ETF

(Get Free Report)

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.

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