Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Sees Significant Growth in Short Interest

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 6,188 shares, an increase of 298.5% from the November 30th total of 1,553 shares. Based on an average trading volume of 11,062 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the shares of the stock are short sold. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 11,062 shares, the short-interest ratio is presently 0.6 days.

Calamos Nasdaq Equity & Income ETF Stock Up 0.1%

Shares of NASDAQ CANQ traded up $0.04 during midday trading on Friday, hitting $29.96. 3,719 shares of the company’s stock were exchanged, compared to its average volume of 9,194. The business’s fifty day moving average price is $30.39 and its two-hundred day moving average price is $29.62. Calamos Nasdaq Equity & Income ETF has a 12-month low of $25.11 and a 12-month high of $31.60.

Calamos Nasdaq Equity & Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 23rd will be given a dividend of $0.1571 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Tuesday, December 23rd. This is an increase from Calamos Nasdaq Equity & Income ETF’s previous monthly dividend of $0.11.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of CANQ. IFP Advisors Inc grew its stake in shares of Calamos Nasdaq Equity & Income ETF by 17.1% in the third quarter. IFP Advisors Inc now owns 22,608 shares of the company’s stock worth $681,000 after purchasing an additional 3,300 shares during the last quarter. Prosperity Wealth Management Inc. lifted its holdings in 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 worth $305,000 after buying an additional 1,256 shares during the period. Mutual Advisors LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF in the 3rd quarter worth approximately $9,029,000. WMG Financial Advisors LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF in the 3rd quarter worth approximately $238,000. Finally, Brookwood Investment Group LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF in the 3rd quarter worth approximately $356,000.

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.