Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Short Interest Down 27.3% in February

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 11,881 shares, a drop of 27.3% from the February 12th total of 16,339 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 13,343 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 13,343 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the company’s shares are short sold.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Arkadios Wealth Advisors purchased a new stake in Calvert Ultra-Short Investment Grade ETF in the third quarter worth about $368,000. Rossby Financial LCC grew its holdings in shares of Calvert Ultra-Short Investment Grade ETF by 39.9% during the 3rd quarter. Rossby Financial LCC now owns 8,206 shares of the company’s stock worth $416,000 after acquiring an additional 2,342 shares during the period. Prism Advisors Inc. raised its position in shares of 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 worth $786,000 after acquiring an additional 3,910 shares in the last quarter. Finally, Betterment LLC lifted its stake in shares of Calvert Ultra-Short Investment Grade ETF by 357.7% in the 2nd quarter. Betterment LLC now owns 20,234 shares of the company’s stock valued at $1,025,000 after purchasing an additional 15,813 shares during the period.

Calvert Ultra-Short Investment Grade ETF Stock Performance

CVSB stock traded down $0.03 on Friday, reaching $50.68. The company’s stock had a trading volume of 9,838 shares, compared to its average volume of 13,595. The business has a fifty day simple moving average of $50.80 and a two-hundred day simple moving average of $50.79. Calvert Ultra-Short Investment Grade ETF has a 12-month low of $50.26 and a 12-month high of $50.99.

Calvert Ultra-Short Investment Grade ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were given a $0.1589 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Friday, February 27th.

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.