Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Short Interest Update

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 490 shares, a drop of 90.0% from the August 15th total of 4,916 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 6,652 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Calamos Convertible Equity Alternative ETF

Several large investors have recently made changes to their positions in the business. Jane Street Group LLC boosted 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 period. Envestnet Asset Management Inc. bought a new position in Calamos Convertible Equity Alternative ETF in the 3rd quarter worth approximately $249,000. Truist Financial Corp increased its position in Calamos Convertible Equity Alternative ETF by 216.2% in the 4th quarter. Truist Financial Corp now owns 44,807 shares of the company’s stock worth $1,708,000 after buying an additional 30,637 shares during the period. Realta Investment Advisors bought a new position in Calamos Convertible Equity Alternative ETF in the 1st quarter worth approximately $200,000. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Calamos Convertible Equity Alternative ETF by 4.1% during the first quarter. Kestra Advisory Services LLC now owns 13,211 shares of the company’s stock worth $549,000 after buying an additional 518 shares during the last quarter.

Calamos Convertible Equity Alternative ETF Stock Down 1.4%

Calamos Convertible Equity Alternative ETF stock traded down $0.68 on Thursday, reaching $46.85. 939 shares of the stock were exchanged, compared to its average volume of 9,608. Calamos Convertible Equity Alternative ETF has a twelve month low of $35.00 and a twelve month high of $54.09. The firm has a fifty day moving average price of $48.05 and a two-hundred day moving average price of $47.59.

Calamos Convertible Equity Alternative ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Monday, August 3rd were paid a $0.0462 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%.

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.