Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Short Interest Down 59.6% in December

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 6,291 shares, a drop of 59.6% from the December 15th total of 15,573 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 1.3 days. Currently, 1.6% of the shares of the company are sold short. Currently, 1.6% of the shares of the company are sold short. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On Calamos Convertible Equity Alternative ETF

Several large investors have recently added to or reduced their stakes in CVRT. Jane Street Group LLC raised its position in shares of Calamos Convertible Equity Alternative ETF by 7.5% in the first quarter. Jane Street Group LLC now owns 69,942 shares of the company’s stock valued at $2,000,000 after purchasing an additional 4,886 shares during the period. Truist Financial Corp grew its stake in Calamos Convertible Equity Alternative ETF by 63.3% in the 3rd quarter. Truist Financial Corp now owns 14,170 shares of the company’s stock valued at $515,000 after buying an additional 5,494 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in Calamos Convertible Equity Alternative ETF during the 3rd quarter valued at $249,000. Finally, Ameritas Advisory Services LLC bought a new stake in Calamos Convertible Equity Alternative ETF during the 2nd quarter valued at $154,000.

Calamos Convertible Equity Alternative ETF Price Performance

Calamos Convertible Equity Alternative ETF stock traded down $0.01 during trading on Friday, hitting $40.69. The stock had a trading volume of 912 shares, compared to its average volume of 17,862. The stock’s 50 day moving average is $38.45 and its two-hundred day moving average is $36.23. Calamos Convertible Equity Alternative ETF has a 1 year low of $24.79 and a 1 year high of $40.92.

About Calamos Convertible Equity Alternative ETF

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.