Calamos Strategic Total Return Fund (NASDAQ:CSQ) Sees Significant Increase in Short Interest

Calamos Strategic Total Return Fund (NASDAQ:CSQ) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 43,100 shares, a growth of 239.4% from the September 30th total of 12,700 shares. Based on an average daily trading volume, of 186,800 shares, the short-interest ratio is presently 0.2 days.

Calamos Strategic Total Return Fund Price Performance

Shares of CSQ stock traded up $0.01 on Friday, reaching $17.58. 179,474 shares of the company’s stock were exchanged, compared to its average volume of 195,963. The company’s fifty day simple moving average is $17.13 and its 200 day simple moving average is $16.67. Calamos Strategic Total Return Fund has a 52 week low of $12.50 and a 52 week high of $17.83.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th were issued a dividend of $0.102 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.96%. The ex-dividend date was Tuesday, October 15th.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC increased its holdings in shares of Calamos Strategic Total Return Fund by 1,346.9% during the 3rd quarter. International Assets Investment Management LLC now owns 261,395 shares of the investment management company’s stock valued at $45,350,000 after purchasing an additional 243,329 shares in the last quarter. Litman Gregory Wealth Management LLC acquired a new stake in Calamos Strategic Total Return Fund during the third quarter valued at $373,000. Private Advisor Group LLC increased its holdings in Calamos Strategic Total Return Fund by 18.2% in the third quarter. Private Advisor Group LLC now owns 56,256 shares of the investment management company’s stock valued at $976,000 after buying an additional 8,681 shares in the last quarter. Calton & Associates Inc. purchased a new stake in shares of Calamos Strategic Total Return Fund during the 3rd quarter worth about $197,000. Finally, Stratos Wealth Partners LTD. increased its stake in shares of Calamos Strategic Total Return Fund by 9.1% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 428,565 shares of the investment management company’s stock valued at $7,436,000 after purchasing an additional 35,749 shares in the last quarter.

About Calamos Strategic Total Return Fund

Calamos Strategic Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.