Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Short Interest Down 59.6% in December

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 6,291 shares, a decrease of 59.6% from the December 15th total of 15,573 shares. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.6% of the company’s shares are sold short. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Trading of Calamos Convertible Equity Alternative ETF

Large investors have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new stake in shares of Calamos Convertible Equity Alternative ETF in the second quarter worth $154,000. Envestnet Asset Management Inc. purchased a new stake in Calamos Convertible Equity Alternative ETF in the 3rd quarter worth about $249,000. Truist Financial Corp increased its holdings in shares of Calamos Convertible Equity Alternative ETF by 63.3% in the 3rd quarter. Truist Financial Corp now owns 14,170 shares of the company’s stock valued at $515,000 after purchasing an additional 5,494 shares during the period. Finally, Jane Street Group LLC grew its position in Calamos Convertible Equity Alternative ETF by 7.5% during the first quarter. Jane Street Group LLC now owns 69,942 shares of the company’s stock valued at $2,000,000 after purchasing an additional 4,886 shares in the last quarter.

Calamos Convertible Equity Alternative ETF Stock Performance

Shares of Calamos Convertible Equity Alternative ETF stock traded up $0.35 during trading on Thursday, hitting $40.69. The stock had a trading volume of 9,080 shares, compared to its average volume of 19,578. Calamos Convertible Equity Alternative ETF has a 1 year low of $24.79 and a 1 year high of $40.92. The stock has a 50 day simple moving average of $38.45 and a 200 day simple moving average of $36.23.

Calamos Convertible Equity Alternative ETF Company Profile

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.