Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Short Interest Down 63.1% in June

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,825 shares, a decline of 63.1% from the May 31st total of 4,940 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 11,598 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Calamos Convertible Equity Alternative ETF

Institutional investors have recently added to or reduced their stakes in the business. Realta Investment Advisors acquired a new stake in shares of Calamos Convertible Equity Alternative ETF during the 1st quarter worth approximately $200,000. Aurora Private Wealth Inc. bought a new stake in shares of Calamos Convertible Equity Alternative ETF in the 4th quarter valued at $200,000. Envestnet Asset Management Inc. acquired a new position in shares of Calamos Convertible Equity Alternative ETF during the 3rd quarter valued at $249,000. Grantvest Financial Group LLC acquired a new position in shares of Calamos Convertible Equity Alternative ETF during the 4th quarter valued at $278,000. Finally, Kestra Advisory Services LLC boosted its stake in 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 acquiring an additional 518 shares in the last quarter.

Calamos Convertible Equity Alternative ETF Stock Up 1.0%

Shares of Calamos Convertible Equity Alternative ETF stock traded up $0.52 on Tuesday, hitting $51.43. 12,466 shares of the company’s stock traded hands, compared to its average volume of 8,765. Calamos Convertible Equity Alternative ETF has a one year low of $31.57 and a one year high of $54.09. The company has a fifty day moving average of $50.61 and a two-hundred day moving average of $44.71.

Calamos Convertible Equity Alternative ETF Company Profile

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.