Advent Convertible Bond ETF (NYSEARCA:ACVT) Sees Significant Increase in Short Interest

Advent Convertible Bond ETF (NYSEARCA:ACVT) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,171 shares, an increase of 121.5% from the September 30th total of 1,883 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 2,378 shares, the days-to-cover ratio is currently 1.8 days.

Advent Convertible Bond ETF Trading Down 0.9%

ACVT traded down $0.25 during trading on Friday, hitting $27.75. 2,754 shares of the stock traded hands, compared to its average volume of 3,153. Advent Convertible Bond ETF has a 12-month low of $25.77 and a 12-month high of $28.88. The firm has a 50-day moving average of $28.34 and a 200 day moving average of $27.58.

Advent Convertible Bond ETF Company Profile

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.