Short Interest in Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) Drops By 25.0%

Calvert Ultra-Short Investment Grade ETF (NYSEARCA:CVSB) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 12,073 shares, a decrease of 25.0% from the March 15th total of 16,102 shares. Based on an average trading volume of 35,976 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On Calvert Ultra-Short Investment Grade ETF

Hedge funds have recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors purchased a new stake in shares of Calvert Ultra-Short Investment Grade ETF in the third quarter valued at approximately $368,000. Rossby Financial LCC raised its position in shares of Calvert Ultra-Short Investment Grade ETF by 39.9% in the third quarter. Rossby Financial LCC now owns 8,206 shares of the company’s stock worth $416,000 after acquiring an additional 2,342 shares during the period. Prism Advisors Inc. boosted its position in Calvert Ultra-Short Investment Grade ETF by 33.7% during the third quarter. Prism Advisors Inc. now owns 15,498 shares of the company’s stock worth $786,000 after purchasing an additional 3,910 shares in the last quarter. Finally, Betterment LLC grew its stake in Calvert Ultra-Short Investment Grade ETF by 357.7% in the 2nd quarter. Betterment LLC now owns 20,234 shares of the company’s stock valued at $1,025,000 after acquiring an additional 15,813 shares during the period.

Calvert Ultra-Short Investment Grade ETF Stock Performance

CVSB traded down $0.02 during trading on Thursday, reaching $50.69. 3,866 shares of the company were exchanged, compared to its average volume of 17,998. Calvert Ultra-Short Investment Grade ETF has a 12-month low of $50.40 and a 12-month high of $50.99. The company’s 50-day moving average is $50.74 and its two-hundred day moving average is $50.77.

Calvert Ultra-Short Investment Grade ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Friday, February 27th were given a dividend of $0.1589 per share. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 3.8%.

Calvert Ultra-Short Investment Grade ETF Company Profile

The Calvert Ultra-Short Investment Grade ETF (CVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade US and foreign fixed income securities exhibiting effective management of environmental, social, and governance (ESG) risks and opportunities. The fund aims for an average portfolio duration of one year or less. CVSB was launched on Jan 30, 2023 and is managed by Calvert.