Advent Convertible Bond ETF (NYSEARCA:ACVT) Sees Large Growth in Short Interest

Advent Convertible Bond ETF (NYSEARCA:ACVT) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 293 shares, a growth of 66.5% from the January 15th total of 176 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 452 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 452 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

Advent Convertible Bond ETF Trading Up 0.5%

NYSEARCA ACVT opened at $26.70 on Friday. The business’s fifty day moving average is $26.93 and its 200 day moving average is $26.79. Advent Convertible Bond ETF has a fifty-two week low of $25.06 and a fifty-two week high of $27.19.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Advent Convertible Bond ETF stock. Advent Capital Management DE bought a new position in shares of Advent Convertible Bond ETF (NYSEARCA:ACVT) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 990,000 shares of the company’s stock, valued at approximately $25,862,000. Advent Capital Management DE owned 96.12% of Advent Convertible Bond ETF at the end of the most recent quarter.

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.