Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Short Interest Update

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 490 shares, a drop of 90.0% from the August 15th total of 4,916 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 6,652 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Calamos Convertible Equity Alternative ETF

Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC grew its position in shares of Calamos Convertible Equity Alternative ETF by 7.5% during the first quarter. Jane Street Group LLC now owns 69,942 shares of the company’s stock worth $2,000,000 after purchasing an additional 4,886 shares in the last quarter. Envestnet Asset Management Inc. bought a new position in Calamos Convertible Equity Alternative ETF in the 3rd quarter worth approximately $249,000. Truist Financial Corp grew its holdings in Calamos Convertible Equity Alternative ETF by 216.2% during the 4th quarter. Truist Financial Corp now owns 44,807 shares of the company’s stock valued at $1,708,000 after buying an additional 30,637 shares in the last quarter. Realta Investment Advisors purchased a new stake in Calamos Convertible Equity Alternative ETF during the 1st quarter valued at approximately $200,000. Finally, Kestra Advisory Services LLC raised its position in shares of Calamos Convertible Equity Alternative ETF by 4.1% during the first quarter. Kestra Advisory Services LLC now owns 13,211 shares of the company’s stock valued at $549,000 after buying an additional 518 shares during the last quarter.

Calamos Convertible Equity Alternative ETF Trading Up 0.8%

Shares of NYSEARCA:CVRT traded up $0.39 during midday trading on Friday, hitting $47.24. The company had a trading volume of 2,569 shares, compared to its average volume of 9,568. The company has a fifty day moving average of $48.05 and a two-hundred day moving average of $47.59. Calamos Convertible Equity Alternative ETF has a 12-month low of $35.30 and a 12-month high of $54.09.

Calamos Convertible Equity Alternative ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.0462 per share. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 1.2%.

Calamos Convertible Equity Alternative ETF Company Profile

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.