Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Sees Large Decrease in Short Interest
by Amy Steele · The Cerbat GemCalvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB – Get Free Report) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 12,073 shares, a decrease of 25.0% from the March 15th total of 16,102 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 35,976 shares, the days-to-cover ratio is currently 0.3 days.
Calvert Ultra-Short Investment Grade ETF Stock Performance
Shares of CVSB stock traded up $0.02 on Wednesday, reaching $50.71. The company had a trading volume of 5,929 shares, compared to its average volume of 18,200. The company has a 50-day moving average of $50.74 and a 200-day moving average of $50.77. Calvert Ultra-Short Investment Grade ETF has a 12 month low of $50.40 and a 12 month high of $50.99.
Calvert Ultra-Short Investment Grade ETF Cuts Dividend
The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were paid a $0.1589 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.
Institutional Trading of Calvert Ultra-Short Investment Grade ETF
A number of institutional investors and hedge funds have recently modified their holdings of CVSB. Arkadios Wealth Advisors bought a new stake in Calvert Ultra-Short Investment Grade ETF during the 3rd quarter worth approximately $368,000. Rossby Financial LCC increased its stake in Calvert Ultra-Short Investment Grade ETF by 39.9% during the 3rd quarter. Rossby Financial LCC now owns 8,206 shares of the company’s stock worth $416,000 after purchasing an additional 2,342 shares in the last quarter. Prism Advisors Inc. increased its stake in Calvert Ultra-Short Investment Grade ETF by 33.7% during the 3rd quarter. Prism Advisors Inc. now owns 15,498 shares of the company’s stock worth $786,000 after purchasing an additional 3,910 shares in the last quarter. Finally, Betterment LLC increased its stake in Calvert Ultra-Short Investment Grade ETF by 357.7% during the 2nd quarter. Betterment LLC now owns 20,234 shares of the company’s stock worth $1,025,000 after purchasing an additional 15,813 shares in the last quarter.
Calvert Ultra-Short Investment Grade ETF Company Profile
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.