Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Sees Large Increase in Short Interest

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 55,438 shares, an increase of 62.1% from the August 15th total of 34,202 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average trading volume of 70,917 shares, the days-to-cover ratio is presently 0.8 days.

Calvert Ultra-Short Investment Grade ETF Price Performance

Shares of NYSEARCA:CVSB opened at $50.65 on Friday. The stock’s 50-day simple moving average is $50.70 and its two-hundred day simple moving average is $50.70. Calvert Ultra-Short Investment Grade ETF has a 52-week low of $50.40 and a 52-week high of $50.96.

Hedge Funds 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 acquired a new position in Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 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.