Advent Convertible Bond ETF (NYSEARCA:ACVT) Short Interest Up 36.0% in December

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the target of a large growth in short interest in 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 days-to-cover ratio is presently 1.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 304 shares, the days-to-cover ratio is presently 1.2 days.

Advent Convertible Bond ETF Stock Performance

Shares of Advent Convertible Bond ETF stock opened at $27.04 on Monday. The stock’s fifty day moving average price is $26.81 and its 200-day moving average price is $26.72. Advent Convertible Bond ETF has a 12 month low of $25.06 and a 12 month high of $27.15.

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 acquired a new stake in shares of Advent Convertible Bond ETF (NYSEARCA:ACVT) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 990,000 shares of the company’s stock, valued at approximately $25,862,000. Advent Capital Management DE owned approximately 96.12% of Advent Convertible Bond ETF as of its most recent filing with the Securities & Exchange Commission.

About Advent Convertible Bond ETF

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.