Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT – Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 4,940 shares, a decrease of 35.2% from the May 14th total of 7,624 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,143 shares, the short-interest ratio is presently 0.8 days.
Calamos Convertible Equity Alternative ETF Stock Performance
CVRT stock traded down $0.05 on Tuesday, hitting $52.72. 6,026 shares of the company were exchanged, compared to its average volume of 8,751. Calamos Convertible Equity Alternative ETF has a twelve month low of $30.75 and a twelve month high of $54.09. The business’s fifty day moving average is $49.26 and its two-hundred day moving average is $43.76.
Hedge Funds Weigh In On Calamos Convertible Equity Alternative ETF
Several institutional investors and hedge funds have recently bought and sold shares of CVRT. Realta Investment Advisors acquired a new position in Calamos Convertible Equity Alternative ETF during the first quarter worth approximately $200,000. Aurora Private Wealth Inc. acquired a new position in Calamos Convertible Equity Alternative ETF during the fourth quarter worth approximately $200,000. Envestnet Asset Management Inc. acquired a new position in Calamos Convertible Equity Alternative ETF during the third quarter worth approximately $249,000. Grantvest Financial Group LLC acquired a new position in Calamos Convertible Equity Alternative ETF during the fourth quarter worth approximately $278,000. Finally, Kestra Advisory Services LLC increased its position 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 purchasing an additional 518 shares during the last quarter.
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.
Further Reading
- Five stocks we like better than Calamos Convertible Equity Alternative ETF
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
- 5 High-Yield Stocks With Analyst Support and Room to Run
- AST SpaceMobile Announces Launch Date for Its Next 3 BlueBird Satellites
Receive News & Ratings for Calamos Convertible Equity Alternative ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calamos Convertible Equity Alternative ETF and related companies with MarketBeat.com's FREE daily email newsletter.
