Calvert US Mid-Cap Core Responsible Index ETF (NYSEARCA:CVMC) Sees Large Increase in Short Interest

Calvert US Mid-Cap Core Responsible Index ETF (NYSEARCA:CVMC) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 13,957 shares, a growth of 71.1% from the April 30th total of 8,157 shares. Based on an average daily volume of 4,262 shares, the short-interest ratio is presently 3.3 days. Approximately 1.1% of the company’s shares are short sold.

Calvert US Mid-Cap Core Responsible Index ETF Trading Down 0.4%

Shares of CVMC traded down $0.30 during mid-day trading on Wednesday, reaching $73.60. The company had a trading volume of 765 shares, compared to its average volume of 7,019. The stock has a market cap of $95.68 million, a price-to-earnings ratio of 20.61 and a beta of 1.09. The firm has a fifty day simple moving average of $68.47 and a 200-day simple moving average of $66.66. Calvert US Mid-Cap Core Responsible Index ETF has a fifty-two week low of $58.66 and a fifty-two week high of $74.08.

Hedge Funds Weigh In On Calvert US Mid-Cap Core Responsible Index ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Triumph Capital Management purchased a new position in Calvert US Mid-Cap Core Responsible Index ETF in the third quarter valued at approximately $52,000. McIlrath & Eck LLC increased its position in shares of Calvert US Mid-Cap Core Responsible Index ETF by 20.6% in the first quarter. McIlrath & Eck LLC now owns 873 shares of the company’s stock worth $56,000 after acquiring an additional 149 shares in the last quarter. RMG Wealth Management LLC purchased a new position in shares of Calvert US Mid-Cap Core Responsible Index ETF in the 1st quarter valued at $405,000. Finally, Montecito Bank & Trust purchased a new position in shares of Calvert US Mid-Cap Core Responsible Index ETF in the 4th quarter valued at $471,000.

Calvert US Mid-Cap Core Responsible Index ETF Company Profile

The Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is an exchange-traded fund that is based on the Calvert US Mid-Cap Core Responsible index, a market-cap-weighted, ESG-screened index of US mid-cap stocks CVMC was launched on Jan 30, 2023 and is managed by Calvert.