Advent Convertible Bond ETF (NYSEARCA:ACVT) Sees Large Drop in Short Interest

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 16 shares, a drop of 99.1% from the June 30th total of 1,745 shares. Based on an average daily trading volume, of 91 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Advent Convertible Bond ETF Trading Down 0.2%

Shares of NYSEARCA:ACVT traded down $0.05 during trading on Friday, hitting $27.85. 26 shares of the company were exchanged, compared to its average volume of 1,580. Advent Convertible Bond ETF has a 52-week low of $25.77 and a 52-week high of $28.27. The stock has a 50 day moving average of $27.89 and a 200 day moving average of $27.18.

About Advent Convertible Bond ETF

The Advent Convertible Bond ETF (ACVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund comprised of US-issued and USD-denominated foreign-issued convertible securities. The fund seeks to deliver total return through income and capital appreciation. ACVT was launched on Apr 30, 2025 and is issued by Advent.