Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Sees Significant Growth in Short Interest

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 55,438 shares, a growth of 62.1% from the August 15th total of 34,202 shares. Based on an average daily trading volume, of 70,917 shares, the short-interest ratio is presently 0.8 days. Approximately 1.3% of the shares of the stock are sold short.

Calvert Ultra-Short Investment Grade ETF Price Performance

NYSEARCA CVSB traded up $0.02 during trading hours on Thursday, reaching $50.65. The company’s stock had a trading volume of 19,978 shares, compared to its average volume of 28,602. The company’s 50-day moving average is $50.70 and its two-hundred day moving average is $50.70. Calvert Ultra-Short Investment Grade ETF has a fifty-two week low of $50.40 and a fifty-two week high of $50.96.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Calvert Ultra-Short Investment Grade ETF stock. Prism Advisors Inc. boosted its stake in Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) by 4.0% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,330 shares of the company’s stock after buying an additional 673 shares during the quarter. Prism Advisors Inc. owned approximately 0.46% of Calvert Ultra-Short Investment Grade ETF worth $877,000 as of its most recent filing with the SEC.

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.