Short Interest in Advent Convertible Bond ETF (NYSEARCA:ACVT) Expands By 36.0%

Advent Convertible Bond ETF (NYSEARCA:ACVT) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 374 shares, a growth of 36.0% from the December 15th total of 275 shares. Based on an average daily trading volume, of 304 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 304 shares, the short-interest ratio is presently 1.2 days.

Institutional Investors Weigh In On Advent Convertible Bond ETF

A hedge fund recently bought a new stake in Advent Convertible Bond ETF stock. Advent Capital Management DE purchased a new position in shares of Advent Convertible Bond ETF (NYSEARCA:ACVT) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 990,000 shares of the company’s stock, valued at approximately $25,862,000. Advent Capital Management DE owned 96.12% of Advent Convertible Bond ETF at the end of the most recent reporting period.

Advent Convertible Bond ETF Stock Performance

Shares of NYSEARCA:ACVT traded up $0.04 during mid-day trading on Friday, hitting $27.04. 536 shares of the company traded hands, compared to its average volume of 2,676. Advent Convertible Bond ETF has a 52-week low of $25.06 and a 52-week high of $27.15. The firm’s 50 day simple moving average is $26.81 and its 200 day simple moving average is $26.71.

Advent Convertible Bond ETF Company Profile

The Advent Convertible Bond ETF (ACVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund comprised of US-issued and USD-denominated foreign-issued convertible securities. The fund seeks to deliver total return through income and capital appreciation. ACVT was launched on Apr 30, 2025 and is issued by Advent.