Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Short Interest Update

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 788 shares, a drop of 63.3% from the August 31st total of 2,150 shares. Based on an average daily trading volume, of 1,161 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Calamos Nasdaq Equity & Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Waverly Advisors LLC acquired a new stake in Calamos Nasdaq Equity & Income ETF in the first quarter worth about $28,000. Calamos Wealth Management LLC raised its position in shares of Calamos Nasdaq Equity & Income ETF by 42.2% during the 1st quarter. Calamos Wealth Management LLC now owns 191,167 shares of the company’s stock worth $5,326,000 after buying an additional 56,719 shares in the last quarter. Finally, Calamos Advisors LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF during the 1st quarter worth about $5,326,000.

Calamos Nasdaq Equity & Income ETF Trading Up 0.4%

Calamos Nasdaq Equity & Income ETF stock traded up $0.10 during midday trading on Friday, reaching $29.84. 2,321 shares of the stock traded hands, compared to its average volume of 5,220. The firm has a fifty day moving average price of $30.05 and a two-hundred day moving average price of $29.92. Calamos Nasdaq Equity & Income ETF has a fifty-two week low of $27.36 and a fifty-two week high of $31.62.

Calamos Nasdaq Equity & Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, September 1st were paid a $0.1109 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.33 annualized dividend and a dividend yield of 4.5%.

About Calamos Nasdaq Equity & Income 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.