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

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 16,339 shares, a growth of 137.3% from the January 29th total of 6,886 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 17,661 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 17,661 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.5% of the shares of the stock are sold short.

Calvert Ultra-Short Investment Grade ETF Stock Down 0.1%

Shares of CVSB opened at $50.87 on Friday. Calvert Ultra-Short Investment Grade ETF has a 1 year low of $50.26 and a 1 year high of $50.99. The stock has a 50 day simple moving average of $50.80 and a two-hundred day simple moving average of $50.79.

Calvert Ultra-Short Investment Grade ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Friday, February 27th will be issued a dividend of $0.1589 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 3.7%.

Institutional Trading of Calvert Ultra-Short Investment Grade ETF

Several institutional investors have recently added to or reduced their stakes in CVSB. Arkadios Wealth Advisors increased its holdings in shares of Calvert Ultra-Short Investment Grade ETF by 14.1% in the fourth quarter. Arkadios Wealth Advisors now owns 8,287 shares of the company’s stock worth $421,000 after buying an additional 1,023 shares during the period. Prism Advisors Inc. lifted its position in Calvert Ultra-Short Investment Grade ETF by 7.5% in the fourth quarter. Prism Advisors Inc. now owns 16,657 shares of the company’s stock valued at $845,000 after purchasing an additional 1,159 shares during the last quarter. Rossby Financial LCC lifted its position in Calvert Ultra-Short Investment Grade ETF by 39.9% in the third quarter. Rossby Financial LCC now owns 8,206 shares of the company’s stock valued at $416,000 after purchasing an additional 2,342 shares during the last quarter. Finally, Betterment LLC boosted its stake in shares of Calvert Ultra-Short Investment Grade ETF by 16.9% during the fourth quarter. Betterment LLC now owns 30,885 shares of the company’s stock valued at $1,567,000 after purchasing an additional 4,464 shares during the period.

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.