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

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

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

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

Calvert Ultra-Short Investment Grade ETF Trading Down 0.0%

NYSEARCA:CVSB traded down $0.01 during midday trading on Wednesday, reaching $50.63. 4,219 shares of the company traded hands, compared to its average volume of 21,919. The company has a fifty day moving average price of $50.70 and a 200 day moving average price of $50.74. Calvert Ultra-Short Investment Grade ETF has a twelve month low of $50.40 and a twelve month high of $50.99.

About Calvert Ultra-Short Investment Grade ETF

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.