Short Interest in Advent Convertible Bond ETF (NYSEARCA:ACVT) Declines By 99.1%

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 16 shares, a decrease of 99.1% from the June 30th total of 1,745 shares. Based on an average trading volume of 91 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Advent Convertible Bond ETF Stock Performance

NYSEARCA ACVT traded down $0.05 on Friday, reaching $27.85. The company had a trading volume of 26 shares, compared to its average volume of 1,580. Advent Convertible Bond ETF has a fifty-two week low of $25.77 and a fifty-two week high of $28.27. The business has a 50 day moving average of $27.89 and a two-hundred day moving average of $27.18.

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.