Short Interest in Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Increases By 98.8%

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 47,293 shares, an increase of 98.8% from the May 31st total of 23,785 shares. Based on an average daily volume of 18,270 shares, the days-to-cover ratio is presently 2.6 days. Currently, 1.2% of the shares of the company are sold short.

Calvert Ultra-Short Investment Grade ETF Price Performance

Shares of CVSB opened at $50.62 on Friday. Calvert Ultra-Short Investment Grade ETF has a one year low of $50.40 and a one year high of $50.99. The stock’s fifty day moving average is $50.70 and its 200-day moving average is $50.74.

Hedge Funds Weigh In On Calvert Ultra-Short Investment Grade ETF

Several large investors have recently bought and sold shares of CVSB. Prism Advisors Inc. raised its position in shares of Calvert Ultra-Short Investment Grade ETF by 4.0% during the 1st quarter. Prism Advisors Inc. now owns 17,330 shares of the company’s stock worth $877,000 after buying an additional 673 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in shares of Calvert Ultra-Short Investment Grade ETF by 14.1% in 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 period. Rossby Financial LCC boosted its holdings in shares of Calvert Ultra-Short Investment Grade ETF by 59.1% in the fourth quarter. Rossby Financial LCC now owns 13,056 shares of the company’s stock valued at $663,000 after acquiring an additional 4,850 shares in the last quarter. Finally, Betterment LLC boosted its holdings in shares of Calvert Ultra-Short Investment Grade ETF by 16.9% in the fourth quarter. Betterment LLC now owns 30,885 shares of the company’s stock valued at $1,567,000 after acquiring an additional 4,464 shares in the last quarter.

Calvert Ultra-Short Investment Grade ETF Company Profile

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.