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 significant 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. Based on an average daily volume of 17,661 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 17,661 shares, the short-interest ratio is currently 0.9 days.

Calvert Ultra-Short Investment Grade ETF Stock Performance

Calvert Ultra-Short Investment Grade ETF stock opened at $50.87 on Friday. The stock’s 50 day moving average is $50.80 and its 200 day moving average is $50.79. Calvert Ultra-Short Investment Grade ETF has a twelve month low of $50.26 and a twelve month high of $50.99.

Calvert Ultra-Short Investment Grade ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Friday, February 27th will be given a $0.1589 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, February 27th.

Institutional Trading of Calvert Ultra-Short Investment Grade ETF

Several institutional investors have recently bought and sold shares of CVSB. Arkadios Wealth Advisors raised its holdings in 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 last quarter. Rossby Financial LCC increased its position in shares of Calvert Ultra-Short Investment Grade ETF by 59.1% during the fourth quarter. Rossby Financial LCC now owns 13,056 shares of the company’s stock valued at $663,000 after acquiring an additional 4,850 shares in the last quarter. Betterment LLC raised its holdings in Calvert Ultra-Short Investment Grade ETF by 16.9% in the 4th quarter. Betterment LLC now owns 30,885 shares of the company’s stock worth $1,567,000 after acquiring an additional 4,464 shares during the last quarter. Finally, Prism Advisors Inc. lifted its position in Calvert Ultra-Short Investment Grade ETF by 7.5% in the 4th quarter. Prism Advisors Inc. now owns 16,657 shares of the company’s stock valued at $845,000 after acquiring an additional 1,159 shares in the last quarter.

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.