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

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 47,293 shares, a growth of 98.8% from the May 31st total of 23,785 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 18,270 shares, the days-to-cover ratio is presently 2.6 days.

Hedge Funds Weigh In On Calvert Ultra-Short Investment Grade ETF

Several large investors have recently modified their holdings of the business. Prism Advisors Inc. raised its position in shares of Calvert Ultra-Short Investment Grade ETF by 4.0% in the first quarter. Prism Advisors Inc. now owns 17,330 shares of the company’s stock valued at $877,000 after purchasing an additional 673 shares during the period. Arkadios Wealth Advisors grew its stake in Calvert Ultra-Short Investment Grade ETF by 14.1% in the 4th quarter. Arkadios Wealth Advisors now owns 8,287 shares of the company’s stock valued at $421,000 after buying an additional 1,023 shares in the last quarter. Betterment LLC raised its holdings in Calvert Ultra-Short Investment Grade ETF by 16.9% during the 4th quarter. Betterment LLC now owns 30,885 shares of the company’s stock valued at $1,567,000 after acquiring an additional 4,464 shares during the period. Finally, Rossby Financial LCC lifted its position in shares of Calvert Ultra-Short Investment Grade ETF by 59.1% during the fourth quarter. Rossby Financial LCC now owns 13,056 shares of the company’s stock worth $663,000 after acquiring an additional 4,850 shares in the last quarter.

Calvert Ultra-Short Investment Grade ETF Trading Down 0.0%

CVSB traded down $0.01 during trading hours on Thursday, hitting $50.61. The stock had a trading volume of 11,152 shares, compared to its average volume of 21,956. The company’s fifty day simple moving average is $50.70 and its 200 day simple moving average is $50.74. Calvert Ultra-Short Investment Grade ETF has a 1 year low of $50.40 and a 1 year high of $50.99.

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.