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

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,117 shares, an increase of 1,021.2% from the June 30th total of 278 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily 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. The stock had a trading volume of 1,519 shares, compared to its average volume of 6,505. Calamos Nasdaq Equity & Income ETF has a 52 week low of $27.36 and a 52 week high of $31.62. The business’s 50-day moving average price is $30.64 and its 200 day moving average price is $29.78.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

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

Institutional Trading of Calamos Nasdaq Equity & Income ETF

A number of hedge funds have recently modified their holdings of the company. Waverly Advisors LLC acquired a new stake in Calamos Nasdaq Equity & Income ETF in the first quarter worth $28,000. Osaic Holdings Inc. boosted its position in shares of 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 purchasing an additional 2,299 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF in the 4th quarter valued at $109,000. Sound Income Strategies LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF in the 4th quarter valued at $270,000. Finally, Prosperity Wealth Management Inc. increased its position in shares of Calamos Nasdaq Equity & Income ETF by 14.2% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock valued at $305,000 after buying an additional 1,256 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.