Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Short Interest Up 196.8% in May

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 828 shares, an increase of 196.8% from the May 14th total of 279 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,635 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

A number of institutional investors have recently made changes to their positions in CANQ. Jane Street Group LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF in the 2nd quarter valued at approximately $382,000. Osaic Holdings Inc. raised its position in shares of Calamos Nasdaq Equity & Income ETF by 155.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,778 shares of the company’s stock valued at $109,000 after purchasing an additional 2,299 shares in the last quarter. Prosperity Wealth Management Inc. raised 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 purchasing an additional 1,256 shares in the last quarter. IFP Advisors Inc raised its position in shares of Calamos Nasdaq Equity & Income ETF by 17.1% in the 3rd quarter. IFP Advisors Inc now owns 22,608 shares of the company’s stock valued at $681,000 after purchasing an additional 3,300 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF in the 4th quarter valued at approximately $270,000.

Calamos Nasdaq Equity & Income ETF Stock Up 0.5%

Shares of CANQ opened at $30.65 on Friday. The business’s 50 day moving average is $30.14 and its two-hundred day moving average is $29.71. 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 Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, June 8th. Shareholders of record on Monday, June 1st were given a $0.1178 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Calamos Nasdaq Equity & Income ETF’s previous monthly dividend of $0.10.

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.