Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Short Interest Up 1,021.2% in July

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 3,117 shares, a growth of 1,021.2% from the June 30th total of 278 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 2,304 shares, the short-interest ratio is presently 1.4 days.

Calamos Nasdaq Equity & Income ETF Stock Performance

Shares of NASDAQ:CANQ traded up $0.10 during trading on Friday, reaching $29.88. 1,519 shares of the company traded hands, compared to its average volume of 6,505. The company’s 50 day moving average is $30.64 and its two-hundred day moving average is $29.78. Calamos Nasdaq Equity & Income ETF has a 52 week low of $27.36 and a 52 week high of $31.62.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, July 9th. Investors of record on Wednesday, July 1st were paid a $0.114 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Investors Weigh In On Calamos Nasdaq Equity & Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Calamos Wealth Management LLC increased its holdings in Calamos Nasdaq Equity & Income ETF by 252.0% in the 4th quarter. Calamos Wealth Management LLC now owns 134,448 shares of the company’s stock valued at $4,003,000 after buying an additional 96,255 shares during the period. Calamos Advisors LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF during the 1st quarter worth approximately $5,326,000. Waverly Advisors LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF during the 1st quarter worth approximately $28,000. Prosperity Wealth Management Inc. boosted its position in shares of Calamos Nasdaq Equity & Income ETF by 14.2% during the 3rd 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 in the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of Calamos Nasdaq Equity & Income ETF by 155.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,778 shares of the company’s stock worth $109,000 after acquiring an additional 2,299 shares in 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.