Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Short Interest Update

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 16,102 shares, an increase of 35.5% from the February 26th total of 11,881 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 10,752 shares, the short-interest ratio is currently 1.5 days.

Calvert Ultra-Short Investment Grade ETF Stock Performance

Shares of CVSB traded up $0.03 on Friday, reaching $50.72. 209,215 shares of the stock traded hands, compared to its average volume of 17,468. The stock’s 50-day moving average price is $50.79 and its 200-day moving average price is $50.79. Calvert Ultra-Short Investment Grade ETF has a 12 month low of $50.26 and a 12 month high of $50.99.

Calvert Ultra-Short Investment Grade ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were paid a $0.1589 dividend. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Trading of Calvert Ultra-Short Investment Grade ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CVSB. Betterment LLC raised its position in Calvert Ultra-Short Investment Grade ETF by 357.7% in the second quarter. Betterment LLC now owns 20,234 shares of the company’s stock worth $1,025,000 after purchasing an additional 15,813 shares in the last quarter. Prism Advisors Inc. grew its stake in shares of 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 purchasing an additional 3,910 shares during the period. Arkadios Wealth Advisors acquired a new position in shares of Calvert Ultra-Short Investment Grade ETF in the 3rd quarter worth approximately $368,000. Finally, Rossby Financial LCC lifted its position in shares of Calvert Ultra-Short Investment Grade ETF by 39.9% during the 3rd quarter. Rossby Financial LCC now owns 8,206 shares of the company’s stock worth $416,000 after buying an additional 2,342 shares during the period.

About Calvert Ultra-Short Investment Grade ETF

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.