Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Stock Short Interest Report for October

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 514 shares, a drop of 66.4% from the October 15th total of 1,528 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,267 shares, the short-interest ratio is currently 0.1 days.

Calamos Convertible Equity Alternative ETF Stock Down 1.4%

Shares of CVRT traded down $0.58 on Friday, hitting $41.47. The company’s stock had a trading volume of 661 shares, compared to its average volume of 8,513. Calamos Convertible Equity Alternative ETF has a fifty-two week low of $35.46 and a fifty-two week high of $54.09. The company has a 50 day moving average price of $45.12 and a 200 day moving average price of $46.47.

Calamos Convertible Equity Alternative ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 9th. Shareholders of record on Monday, November 2nd were given a $0.1177 dividend. This represents a $1.41 annualized dividend and a yield of 3.4%. The ex-dividend date was Monday, November 2nd. This is a positive change from Calamos Convertible Equity Alternative ETF’s previous monthly dividend of $0.0778.

Hedge Funds Weigh In On Calamos Convertible Equity Alternative ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Client First Investment Management LLC acquired a new stake in shares of Calamos Convertible Equity Alternative ETF in the second quarter valued at $3,189,000. Kestra Advisory Services LLC grew its holdings in Calamos Convertible Equity Alternative ETF by 4.1% during the 1st quarter. Kestra Advisory Services LLC now owns 13,211 shares of the company’s stock worth $549,000 after acquiring an additional 518 shares during the last quarter. Wealth Enhancement Trust Services Inc. acquired a new stake in Calamos Convertible Equity Alternative ETF in the 3rd quarter valued at about $44,000. Finally, Grantvest Financial Group LLC increased its position in Calamos Convertible Equity Alternative ETF by 6.8% in the 3rd quarter. Grantvest Financial Group LLC now owns 11,967 shares of the company’s stock valued at $555,000 after acquiring an additional 761 shares in the last quarter.

Calamos Convertible Equity Alternative ETF Company Profile

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.