Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) Sees Large Decrease in Short Interest

Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) was the recipient of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the October 31st total of 200 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 0.2 days.

Calamos Alternative Nasdaq & Bond ETF Trading Up 0.8 %

NASDAQ:CANQ traded up $0.22 during trading hours on Friday, reaching $27.61. 6,422 shares of the stock were exchanged, compared to its average volume of 1,052. The firm has a 50 day simple moving average of $27.13 and a 200-day simple moving average of $26.49. Calamos Alternative Nasdaq & Bond ETF has a 52 week low of $24.05 and a 52 week high of $27.97.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 7th. Shareholders of record on Friday, November 1st were issued a $0.1316 dividend. This represents a $1.58 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date was Friday, November 1st. This is an increase from Calamos Alternative Nasdaq & Bond ETF’s previous monthly dividend of $0.11.

About Calamos Alternative Nasdaq & Bond ETF

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.