Advent Convertible Bond ETF (NYSEARCA:ACVT) Short Interest Down 53.8% in May

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 12 shares, a drop of 53.8% from the April 30th total of 26 shares. Based on an average daily volume of 68 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Advent Convertible Bond ETF Trading Up 0.4%

Shares of ACVT stock traded up $0.12 during trading hours on Friday, hitting $28.00. 130 shares of the company’s stock were exchanged, compared to its average volume of 1,805. Advent Convertible Bond ETF has a 12-month low of $25.49 and a 12-month high of $28.00. The business’s 50 day simple moving average is $26.92 and its 200-day simple moving average is $26.84.

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.