Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Short Interest Update

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 490 shares, a decline of 90.0% from the August 15th total of 4,916 shares. Based on an average trading volume of 6,652 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Calamos Convertible Equity Alternative ETF Price Performance

Shares of NYSEARCA:CVRT traded down $0.68 during midday trading on Thursday, hitting $46.85. 939 shares of the stock were exchanged, compared to its average volume of 9,608. Calamos Convertible Equity Alternative ETF has a 52-week low of $35.00 and a 52-week high of $54.09. The business’s fifty day simple moving average is $48.05 and its two-hundred day simple moving average is $47.59.

Calamos Convertible Equity Alternative ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were given a $0.0462 dividend. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Investors Weigh In On Calamos Convertible Equity Alternative ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in CVRT. Realta Investment Advisors acquired a new stake in shares of Calamos Convertible Equity Alternative ETF during the 1st quarter valued at about $200,000. Envestnet Asset Management Inc. bought a new position in Calamos Convertible Equity Alternative ETF during the third quarter valued at approximately $249,000. Kestra Advisory Services LLC lifted its stake in Calamos Convertible Equity Alternative ETF by 4.1% in the first quarter. Kestra Advisory Services LLC now owns 13,211 shares of the company’s stock valued at $549,000 after acquiring an additional 518 shares during the last quarter. Truist Financial Corp lifted its stake in Calamos Convertible Equity Alternative ETF by 216.2% in the fourth quarter. Truist Financial Corp now owns 44,807 shares of the company’s stock valued at $1,708,000 after acquiring an additional 30,637 shares during the last quarter. Finally, Jane Street Group LLC grew its position in Calamos Convertible Equity Alternative ETF by 7.5% in the first quarter. Jane Street Group LLC now owns 69,942 shares of the company’s stock worth $2,000,000 after acquiring an additional 4,886 shares in the last quarter.

About Calamos Convertible Equity Alternative ETF

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.