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

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 1,270 shares, an increase of 159.2% from the August 31st total of 490 shares. Based on an average daily volume of 5,512 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Calamos Convertible Equity Alternative ETF Price Performance

Shares of NYSEARCA CVRT traded down $0.61 during trading on Monday, hitting $46.22. 850 shares of the company traded hands, compared to its average volume of 9,236. The business’s fifty day moving average is $47.57 and its 200 day moving average is $47.91. Calamos Convertible Equity Alternative ETF has a fifty-two week low of $35.46 and a fifty-two week high of $54.09.

Calamos Convertible Equity Alternative ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were given a $0.0462 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Client First Investment Management LLC acquired a new stake in Calamos Convertible Equity Alternative ETF in the second quarter valued at approximately $3,189,000. Kestra Advisory Services LLC increased its holdings in shares of 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 valued at $549,000 after acquiring an additional 518 shares in the last quarter. Finally, Realta Investment Advisors acquired a new position in shares of Calamos Convertible Equity Alternative ETF during the first quarter worth approximately $200,000.

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.