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

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 15,545 shares, a growth of 197.1% from the December 15th total of 5,233 shares. Based on an average daily volume of 14,532 shares, the short-interest ratio is presently 1.1 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 14,532 shares, the short-interest ratio is presently 1.1 days.

Calvert Ultra-Short Investment Grade ETF Stock Performance

Shares of Calvert Ultra-Short Investment Grade ETF stock traded up $0.03 during mid-day trading on Wednesday, hitting $50.81. The stock had a trading volume of 15,652 shares, compared to its average volume of 15,250. The firm has a 50-day moving average of $50.76 and a two-hundred day moving average of $50.77. Calvert Ultra-Short Investment Grade ETF has a 12-month low of $50.26 and a 12-month high of $51.10.

Institutional Investors Weigh In On Calvert Ultra-Short Investment Grade ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Betterment LLC lifted its stake in shares of Calvert Ultra-Short Investment Grade ETF by 30.6% in the 3rd quarter. Betterment LLC now owns 26,421 shares of the company’s stock valued at $1,340,000 after purchasing an additional 6,187 shares during the last quarter. Prism Advisors Inc. raised its holdings in Calvert Ultra-Short Investment Grade ETF by 33.7% in the 3rd quarter. Prism Advisors Inc. now owns 15,498 shares of the company’s stock valued at $786,000 after buying an additional 3,910 shares during the period. Rossby Financial LCC lifted its position in Calvert Ultra-Short Investment Grade ETF by 39.9% in the third quarter. Rossby Financial LCC now owns 8,206 shares of the company’s stock valued at $416,000 after buying an additional 2,342 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in Calvert Ultra-Short Investment Grade ETF during the third quarter worth about $368,000.

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.