Short Interest in Advent Convertible Bond ETF (NYSEARCA:ACVT) Increases By 62,133.3%

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 7,468 shares, an increase of 62,133.3% from the May 14th total of 12 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 1,548 shares, the days-to-cover ratio is presently 4.8 days.

Advent Convertible Bond ETF Trading Up 0.1%

NYSEARCA:ACVT traded up $0.03 during trading hours on Tuesday, reaching $27.83. The company had a trading volume of 9 shares, compared to its average volume of 1,803. The firm’s 50 day moving average price is $27.13 and its 200-day moving average price is $26.90. Advent Convertible Bond ETF has a 52 week low of $25.66 and a 52 week high of $28.25.

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.