Advent Convertible Bond ETF (NYSEARCA:ACVT) Stock Short Interest Declines 76.1%

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 996 shares, a drop of 76.1% from the October 15th total of 4,171 shares. Based on an average trading volume of 1,369 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the company’s shares are short sold.

Advent Convertible Bond ETF Stock Performance

NYSEARCA:ACVT opened at $27.62 on Thursday. The firm’s fifty day simple moving average is $28.15 and its 200 day simple moving average is $27.61. Advent Convertible Bond ETF has a twelve month low of $25.77 and a twelve month high of $28.88.

About Advent Convertible Bond ETF

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.