Calamos Strategic Total Return Fund (NASDAQ:CSQ) Sees Large Decline in Short Interest

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 22,225 shares, a decline of 41.0% from the November 30th total of 37,694 shares. Based on an average daily volume of 246,229 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 246,229 shares, the short-interest ratio is currently 0.1 days.

Calamos Strategic Total Return Fund Trading Down 0.9%

Shares of CSQ traded down $0.19 during trading hours on Monday, hitting $19.50. 59,229 shares of the stock were exchanged, compared to its average volume of 220,799. Calamos Strategic Total Return Fund has a fifty-two week low of $13.11 and a fifty-two week high of $19.71. The business has a 50-day moving average of $18.99 and a 200-day moving average of $18.70.

Calamos Strategic Total Return Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 9th. Stockholders of record on Tuesday, December 30th will be given a $0.1225 dividend. This is a boost from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 7.5%.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Several institutional investors and hedge funds have recently made changes to their positions in CSQ. Parallel Advisors LLC grew its holdings in shares of Calamos Strategic Total Return Fund by 13.0% during the third quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock valued at $113,000 after buying an additional 678 shares during the last quarter. Allworth Financial LP grew its holdings in Calamos Strategic Total Return Fund by 13.4% during the second quarter. Allworth Financial LP now owns 6,235 shares of the investment management company’s stock valued at $114,000 after purchasing an additional 736 shares during the period. Insigneo Advisory Services LLC raised its position in shares of Calamos Strategic Total Return Fund by 5.7% in the second quarter. Insigneo Advisory Services LLC now owns 13,924 shares of the investment management company’s stock valued at $254,000 after purchasing an additional 750 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of Calamos Strategic Total Return Fund by 2.5% during the third quarter. Kestra Private Wealth Services LLC now owns 32,588 shares of the investment management company’s stock worth $629,000 after acquiring an additional 791 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Calamos Strategic Total Return Fund by 0.7% in the 3rd quarter. HighTower Advisors LLC now owns 119,666 shares of the investment management company’s stock worth $2,308,000 after purchasing an additional 860 shares during the period.

About Calamos Strategic Total Return Fund

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