Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Sees Large Decline in Short Interest

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 11,016 shares, a drop of 75.5% from the September 15th total of 44,884 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 30,711 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Calvert Ultra-Short Investment Grade ETF

An institutional investor recently raised its stake in Calvert Ultra-Short Investment Grade ETF stock. Prism Advisors Inc. raised its holdings in shares of Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) by 13.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,972 shares of the company’s stock after buying an additional 2,320 shares during the quarter. Prism Advisors Inc. owned about 0.37% of Calvert Ultra-Short Investment Grade ETF worth $1,008,000 as of its most recent SEC filing.

Calvert Ultra-Short Investment Grade ETF Trading Up 0.0%

Shares of NYSEARCA:CVSB traded up $0.01 during midday trading on Monday, hitting $50.49. The company’s stock had a trading volume of 11,533 shares, compared to its average volume of 28,487. The stock’s 50 day simple moving average is $50.64 and its 200 day simple moving average is $50.68. Calvert Ultra-Short Investment Grade ETF has a fifty-two week low of $50.40 and a fifty-two week high of $50.96.

Calvert Ultra-Short Investment Grade ETF Company Profile

The Calvert Ultra-Short Investment Grade ETF (CVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade US and foreign fixed income securities exhibiting effective management of environmental, social, and governance (ESG) risks and opportunities. The fund aims for an average portfolio duration of one year or less. CVSB was launched on Jan 30, 2023 and is managed by Calvert.