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

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,900 shares, a drop of 31.0% from the September 30th total of 4,200 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.0% of the company’s shares are short sold. Currently, 1.0% of the company’s shares are short sold. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is presently 0.6 days.

Calamos Convertible Equity Alternative ETF Stock Performance

NYSEARCA:CVRT traded up $0.36 on Monday, hitting $38.76. 7,153 shares of the stock were exchanged, compared to its average volume of 9,360. The stock has a fifty day moving average of $36.38 and a 200-day moving average of $33.27. Calamos Convertible Equity Alternative ETF has a fifty-two week low of $24.79 and a fifty-two week high of $38.98.

Institutional Trading of Calamos Convertible Equity Alternative ETF

A number of institutional investors and hedge funds have recently bought and sold shares of CVRT. Principle Wealth Partners LLC acquired a new position in Calamos Convertible Equity Alternative ETF during the first quarter valued at approximately $2,649,000. Jane Street Group LLC increased its position in shares of Calamos Convertible Equity Alternative ETF by 7.5% in the first quarter. Jane Street Group LLC now owns 69,942 shares of the company’s stock worth $2,000,000 after acquiring an additional 4,886 shares in the last quarter. Truist Financial Corp raised its stake in shares of Calamos Convertible Equity Alternative ETF by 63.3% in the 3rd quarter. Truist Financial Corp now owns 14,170 shares of the company’s stock valued at $515,000 after acquiring an additional 5,494 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Calamos Convertible Equity Alternative ETF during the 2nd quarter valued at $154,000.

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.