Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (NYSEARCA:CDEI) Sees Large Growth in Short Interest

Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (NYSEARCA:CDEI) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 2,936 shares, a growth of 103.3% from the May 14th total of 1,444 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average daily volume of 1,017 shares, the short-interest ratio is presently 2.9 days.

Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF Stock Up 0.5%

CDEI traded up $0.44 during trading on Friday, reaching $89.49. The stock had a trading volume of 527 shares, compared to its average volume of 1,143. The firm has a market capitalization of $17.90 million, a price-to-earnings ratio of 25.70 and a beta of 0.98. Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF has a 1-year low of $71.85 and a 1-year high of $90.81. The stock has a 50 day moving average of $86.49 and a two-hundred day moving average of $83.36.

About Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF

The Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted, ESG-screened index of large-cap stocks from the US. Company selection emphasize those invested in employee diversification practices. CDEI was launched on Jan 30, 2023 and is managed by Calvert.