Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Stock Short Interest Declines 75.5%

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 11,016 shares, a decrease of 75.5% from the September 15th total of 44,884 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 30,711 shares, the days-to-cover ratio is presently 0.4 days.

Calvert Ultra-Short Investment Grade ETF Stock Performance

Shares of CVSB traded up $0.02 during trading hours on Tuesday, hitting $50.52. 75,585 shares of the company were exchanged, compared to its average volume of 28,752. Calvert Ultra-Short Investment Grade ETF has a fifty-two week low of $50.40 and a fifty-two week high of $50.96. The firm’s fifty day moving average is $50.64 and its 200 day moving average is $50.67.

Institutional Investors Weigh In On Calvert Ultra-Short Investment Grade ETF

An institutional investor recently bought a new position in Calvert Ultra-Short Investment Grade ETF stock. NewEdge Advisors LLC bought a new stake in Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,052 shares of the company’s stock, valued at approximately $104,000.

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.