Short Interest in Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Decreases By 35.5%

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 28,872 shares, a drop of 35.5% from the June 30th total of 44,781 shares. Based on an average daily trading volume, of 63,346 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Trading of Calvert Ultra-Short Investment Grade ETF

Several institutional investors have recently added to or reduced their stakes in the business. Arkadios Wealth Advisors grew its position in Calvert Ultra-Short Investment Grade ETF by 14.1% during the 4th quarter. Arkadios Wealth Advisors now owns 8,287 shares of the company’s stock worth $421,000 after acquiring an additional 1,023 shares during the last quarter. Rossby Financial LCC increased its stake in Calvert Ultra-Short Investment Grade ETF by 59.1% in the 4th quarter. Rossby Financial LCC now owns 13,056 shares of the company’s stock worth $663,000 after purchasing an additional 4,850 shares during the period. Prism Advisors Inc. lifted its position in 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 purchasing an additional 1,159 shares during the last quarter. Finally, Betterment LLC lifted its position in Calvert Ultra-Short Investment Grade ETF by 357.7% in the second 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 last quarter.

Calvert Ultra-Short Investment Grade ETF Stock Performance

Shares of NYSEARCA CVSB traded down $0.15 during midday trading on Friday, hitting $50.64. The company’s stock had a trading volume of 11,853 shares, compared to its average volume of 25,029. The stock has a fifty day moving average price of $50.70 and a 200 day moving average price of $50.73. Calvert Ultra-Short Investment Grade ETF has a one year low of $50.40 and a one year 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.