Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Short Interest Down 51.3% in January

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 6,886 shares, a decrease of 51.3% from the January 15th total of 14,126 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 11,877 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 11,877 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Calvert Ultra-Short Investment Grade ETF Stock Up 0.0%

Shares of NYSEARCA CVSB traded up $0.02 during mid-day trading on Friday, reaching $50.83. The company had a trading volume of 10,184 shares, compared to its average volume of 14,656. Calvert Ultra-Short Investment Grade ETF has a one year low of $50.26 and a one year high of $50.99. The business’s 50-day simple moving average is $50.79 and its 200 day simple moving average is $50.79.

Calvert Ultra-Short Investment Grade ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Friday, January 30th were paid a $0.1776 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, January 30th.

Institutional Investors Weigh In On Calvert Ultra-Short Investment Grade ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rossby Financial LCC lifted its stake in shares of Calvert Ultra-Short Investment Grade ETF by 197.4% in the second quarter. Rossby Financial LCC now owns 5,864 shares of the company’s stock worth $297,000 after buying an additional 3,892 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in Calvert Ultra-Short Investment Grade ETF in the 3rd quarter worth approximately $368,000. Prism Advisors Inc. lifted its position in Calvert Ultra-Short Investment Grade ETF by 33.7% in the 3rd quarter. Prism Advisors Inc. now owns 15,498 shares of the company’s stock valued at $786,000 after acquiring an additional 3,910 shares in the last quarter. Finally, Betterment LLC boosted 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 valued at $1,025,000 after purchasing an additional 15,813 shares during 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.