Advent Convertible Bond ETF (NYSEARCA:ACVT) Short Interest Up 689.1% in February

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,020 shares, an increase of 689.1% from the February 12th total of 256 shares. Based on an average daily volume of 3,070 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 3,070 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Advent Convertible Bond ETF stock. Advent Capital Management DE purchased a new stake in Advent Convertible Bond ETF (NYSEARCA:ACVT) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 990,000 shares of the company’s stock, valued at approximately $25,862,000. Advent Capital Management DE owned approximately 96.12% of Advent Convertible Bond ETF as of its most recent SEC filing.

Advent Convertible Bond ETF Stock Performance

Shares of NYSEARCA ACVT traded down $0.18 during mid-day trading on Thursday, reaching $26.47. 7 shares of the company were exchanged, compared to its average volume of 3,002. The company’s 50-day simple moving average is $26.85 and its 200-day simple moving average is $26.83. Advent Convertible Bond ETF has a twelve month low of $25.06 and a twelve month high of $27.19.

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.