Short Interest in Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Decreases By 51.3%

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 6,886 shares, a decline of 51.3% from the January 15th total of 14,126 shares. Based on an average trading volume of 11,877 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 11,877 shares, the short-interest ratio is presently 0.6 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Rossby Financial LCC grew its position in Calvert Ultra-Short Investment Grade ETF by 197.4% in the second quarter. Rossby Financial LCC now owns 5,864 shares of the company’s stock worth $297,000 after acquiring an additional 3,892 shares in the last quarter. Betterment LLC increased its position in Calvert Ultra-Short Investment Grade ETF by 16.9% during the fourth quarter. Betterment LLC now owns 30,885 shares of the company’s stock valued at $1,567,000 after acquiring an additional 4,464 shares during the last quarter. Prism Advisors Inc. raised its stake in shares of Calvert Ultra-Short Investment Grade ETF by 7.5% in the fourth quarter. Prism Advisors Inc. now owns 16,657 shares of the company’s stock valued at $845,000 after acquiring an additional 1,159 shares during the period. Finally, Arkadios Wealth Advisors purchased a new stake in shares of Calvert Ultra-Short Investment Grade ETF in the third quarter valued at $368,000.

Calvert Ultra-Short Investment Grade ETF Stock Performance

Shares of CVSB remained flat at $50.80 during midday trading on Thursday. The stock had a trading volume of 5,311 shares, compared to its average volume of 14,807. The business has a 50-day moving average price of $50.78 and a 200-day moving average price of $50.78. Calvert Ultra-Short Investment Grade ETF has a 1 year low of $50.26 and a 1 year high of $50.99.

Calvert Ultra-Short Investment Grade ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Friday, January 30th were issued a dividend of $0.1776 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, January 30th.

Calvert Ultra-Short Investment Grade ETF Company Profile

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.