Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Short Interest Up 41.4% in January

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 10,093 shares, an increase of 41.4% from the January 15th total of 7,139 shares. Approximately 2.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,480 shares, the short-interest ratio is presently 2.9 days. Based on an average daily trading volume, of 3,480 shares, the short-interest ratio is presently 2.9 days. Approximately 2.0% of the shares of the company are short sold.

Institutional Trading of Calamos Convertible Equity Alternative ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CVRT. Aurora Private Wealth Inc. bought a new position in Calamos Convertible Equity Alternative ETF in the 4th quarter worth approximately $200,000. Envestnet Asset Management Inc. acquired a new stake in shares of Calamos Convertible Equity Alternative ETF in the third quarter worth $249,000. Grantvest Financial Group LLC acquired a new stake in shares of Calamos Convertible Equity Alternative ETF in the fourth quarter worth $278,000. Truist Financial Corp increased its position in Calamos Convertible Equity Alternative ETF by 63.3% during the third quarter. Truist Financial Corp now owns 14,170 shares of the company’s stock worth $515,000 after acquiring an additional 5,494 shares during the period. Finally, Jane Street Group LLC raised its stake in Calamos Convertible Equity Alternative ETF by 7.5% during the 1st quarter. Jane Street Group LLC now owns 69,942 shares of the company’s stock valued at $2,000,000 after purchasing an additional 4,886 shares during the last quarter.

Calamos Convertible Equity Alternative ETF Trading Up 0.5%

Shares of CVRT opened at $42.73 on Friday. Calamos Convertible Equity Alternative ETF has a one year low of $24.79 and a one year high of $43.42. The company’s fifty day moving average price is $40.12 and its 200 day moving average price is $37.51.

Calamos Convertible Equity Alternative ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Monday, February 2nd were given a dividend of $0.04 per share. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, February 2nd.

About Calamos Convertible Equity Alternative ETF

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.