Short Interest in Advent Convertible Bond ETF (NYSEARCA:ACVT) Expands By 36.0%

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 374 shares, an increase of 36.0% from the December 15th total of 275 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 304 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 304 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of Advent Convertible Bond ETF

A hedge fund recently bought a new stake in Advent Convertible Bond ETF stock. Advent Capital Management DE bought a new position in shares of Advent Convertible Bond ETF (NYSEARCA:ACVT) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 990,000 shares of the company’s stock, valued at approximately $25,862,000. Advent Capital Management DE owned approximately 96.12% of Advent Convertible Bond ETF as of its most recent SEC filing.

Advent Convertible Bond ETF Trading Up 0.1%

Shares of NYSEARCA ACVT traded up $0.04 during mid-day trading on Friday, hitting $27.04. 536 shares of the company traded hands, compared to its average volume of 2,676. The business has a 50 day moving average of $26.81 and a two-hundred day moving average of $26.71. Advent Convertible Bond ETF has a 1 year low of $25.06 and a 1 year high of $27.15.

Advent Convertible Bond ETF Company Profile

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.