Advent Convertible Bond ETF (NYSEARCA:ACVT) Sees Large Decrease in Short Interest

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the target of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 996 shares, a decrease of 76.1% from the October 15th total of 4,171 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,369 shares, the days-to-cover ratio is currently 0.7 days.

Advent Convertible Bond ETF Trading Down 0.4%

NYSEARCA:ACVT traded down $0.10 during trading hours on Friday, reaching $27.36. The company had a trading volume of 689 shares, compared to its average volume of 3,026. The business’s 50-day simple moving average is $28.10 and its two-hundred day simple moving average is $27.61. Advent Convertible Bond ETF has a twelve month low of $25.77 and a twelve month high of $28.88.

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.