Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Short Interest Up 48.7% in December

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 15,573 shares, a growth of 48.7% from the November 30th total of 10,470 shares. Based on an average daily trading volume, of 8,631 shares, the days-to-cover ratio is presently 1.8 days. Approximately 5.2% of the shares of the company are short sold. Approximately 5.2% of the shares of the company are short sold. Based on an average daily trading volume, of 8,631 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of Calamos Convertible Equity Alternative ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in CVRT. Ameritas Advisory Services LLC bought a new position in shares of Calamos Convertible Equity Alternative ETF in the second quarter valued at approximately $154,000. Envestnet Asset Management Inc. acquired a new stake in Calamos Convertible Equity Alternative ETF in the third quarter worth approximately $249,000. Truist Financial Corp boosted its stake in Calamos Convertible Equity Alternative ETF by 63.3% during 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 in the last quarter. Finally, Jane Street Group LLC boosted its stake in Calamos Convertible Equity Alternative ETF by 7.5% during the 1st 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 Down 0.5%

Calamos Convertible Equity Alternative ETF stock traded down $0.20 during mid-day trading on Monday, hitting $38.71. 1,582 shares of the company’s stock traded hands, compared to its average volume of 8,843. Calamos Convertible Equity Alternative ETF has a one year low of $24.79 and a one year high of $39.23. The firm has a 50 day moving average price of $38.00 and a 200 day moving average price of $35.47.

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.