Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Sees Large Increase in Short Interest

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 828 shares, a growth of 196.8% from the May 14th total of 279 shares. Based on an average trading volume of 1,635 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Calamos Nasdaq Equity & Income ETF Stock Up 0.5%

Shares of NASDAQ CANQ traded up $0.14 during midday trading on Friday, hitting $30.65. The company had a trading volume of 5,097 shares, compared to its average volume of 7,675. Calamos Nasdaq Equity & Income ETF has a twelve month low of $27.36 and a twelve month high of $31.62. The business has a 50-day simple moving average of $30.14 and a two-hundred day simple moving average of $29.71.

Calamos Nasdaq Equity & Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, June 8th. Investors of record on Monday, June 1st were paid a $0.1178 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. This is a positive change from Calamos Nasdaq Equity & Income ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, June 1st.

Institutional Trading of Calamos Nasdaq Equity & Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in CANQ. Waverly Advisors LLC acquired a new position in Calamos Nasdaq Equity & Income ETF during the first quarter worth about $28,000. Osaic Holdings Inc. raised its position in Calamos Nasdaq Equity & Income ETF by 155.4% during the second quarter. Osaic Holdings Inc. now owns 3,778 shares of the company’s stock worth $109,000 after acquiring an additional 2,299 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in Calamos Nasdaq Equity & Income ETF during the fourth quarter worth about $109,000. Sound Income Strategies LLC acquired a new position in Calamos Nasdaq Equity & Income ETF during the fourth quarter worth about $270,000. Finally, Prosperity Wealth Management Inc. raised its position in Calamos Nasdaq Equity & Income ETF by 14.2% during the third quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock worth $305,000 after acquiring an additional 1,256 shares during the last quarter.

Calamos Nasdaq Equity & Income ETF Company Profile

The Calamos Alternative Nasdaq & Bond ETF (CANQ) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide convertible security-like exposure to the NASDAQ-100 Index. The portfolio contains a mix of equity options and fixed income exposure to pursue favorable risk-adjusted returns CANQ was launched on Feb 13, 2024 and is issued by Calamos.