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

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 6,239 shares, an increase of 241.9% from the June 15th total of 1,825 shares. Based on an average daily volume of 8,707 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Trading of Calamos Convertible Equity Alternative ETF

Large investors have recently bought and sold shares of the stock. Client First Investment Management LLC acquired a new stake in shares of Calamos Convertible Equity Alternative ETF during the second quarter worth $3,189,000. Jane Street Group LLC grew its stake in Calamos Convertible Equity Alternative ETF by 323.6% during the 4th quarter. Jane Street Group LLC now owns 66,358 shares of the company’s stock valued at $2,529,000 after purchasing an additional 50,691 shares during the last quarter. Truist Financial Corp increased its holdings in shares of Calamos Convertible Equity Alternative ETF by 216.2% in the fourth quarter. Truist Financial Corp now owns 44,807 shares of the company’s stock valued at $1,708,000 after purchasing an additional 30,637 shares during the period. Grantvest Financial Group LLC acquired a new position in shares of Calamos Convertible Equity Alternative ETF in the fourth quarter valued at about $278,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Calamos Convertible Equity Alternative ETF in the third quarter worth about $249,000.

Calamos Convertible Equity Alternative ETF Stock Up 0.9%

Shares of Calamos Convertible Equity Alternative ETF stock traded up $0.43 on Tuesday, reaching $49.03. The stock had a trading volume of 3,453 shares, compared to its average volume of 8,518. Calamos Convertible Equity Alternative ETF has a 1 year low of $32.80 and a 1 year high of $54.09. The company has a 50 day moving average price of $51.03 and a 200 day moving average price of $45.49.

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.