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

by · The Markets Daily

Congress SMid Growth ETF (NYSEARCA:CSMD – Get Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 17,698 shares, a drop of 53.3% from the July 30th total of 37,898 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 52,530 shares, the days-to-cover ratio is presently 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 boosted its position in Congress SMid Growth ETF (NYSEARCA:CSMD – Free Report) by 8.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 122,535 shares of the company’s stock after acquiring an additional 9,910 shares during the period. Integrated Wealth Concepts LLC owned about 0.91% of Congress SMid Growth ETF worth $3,875,000 at the end of the most recent reporting period.

Congress SMid Growth ETF Price Performance

NYSEARCA:CSMD traded down $0.84 on Friday, reaching $34.42. The stock had a trading volume of 19,828 shares, compared to its average volume of 61,980. The company has a market cap of $463.98 million, a price-to-earnings ratio of 27.46 and a beta of 1.18. The firm’s fifty day moving average is $35.12 and its two-hundred 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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