Advent Convertible Bond ETF (NYSEARCA:ACVT) Short Interest Update

Advent Convertible Bond ETF (NYSEARCA:ACVT) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 7,468 shares, a growth of 62,133.3% from the May 14th total of 12 shares. Based on an average daily volume of 1,548 shares, the days-to-cover ratio is currently 4.8 days. Currently, 0.6% of the company’s stock are sold short.

Advent Convertible Bond ETF Stock Performance

Advent Convertible Bond ETF stock traded up $0.03 on Tuesday, hitting $27.83. 9 shares of the stock traded hands, compared to its average volume of 1,803. The business’s fifty day simple moving average is $27.13 and its 200 day simple moving average is $26.90. Advent Convertible Bond ETF has a 1 year low of $25.66 and a 1 year high of $28.25.

Advent Convertible Bond ETF Company Profile

The Advent Convertible Bond ETF (ACVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund comprised of US-issued and USD-denominated foreign-issued convertible securities. The fund seeks to deliver total return through income and capital appreciation. ACVT was launched on Apr 30, 2025 and is issued by Advent.