Short Interest in Advent Convertible Bond ETF (NYSEARCA:ACVT) Drops By 99.9%

Advent Convertible Bond ETF (NYSEARCA:ACVT) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 5 shares, a decline of 99.9% from the May 31st total of 7,468 shares. Based on an average trading volume of 1,194 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Advent Convertible Bond ETF Stock Performance

ACVT traded down $0.01 during trading on Friday, hitting $27.74. 2,013 shares of the company’s stock traded hands, compared to its average volume of 1,712. The company’s 50 day simple moving average is $27.55 and its two-hundred day simple moving average is $27.00. Advent Convertible Bond ETF has a 12-month low of $25.77 and a 12-month 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.