Advent Convertible Bond ETF (NYSEARCA:ACVT) Short Interest Up 3,100.0% in August

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 704 shares, a growth of 3,100.0% from the August 15th total of 22 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 33,571 shares, the days-to-cover ratio is currently 0.0 days.

Advent Convertible Bond ETF Price Performance

Shares of NYSEARCA:ACVT traded down $0.11 during trading on Thursday, hitting $28.32. 10 shares of the stock traded hands, compared to its average volume of 3,468. The company has a fifty day moving average price of $28.39 and a two-hundred day moving average price of $27.55. Advent Convertible Bond ETF has a 52-week low of $25.77 and a 52-week 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.