Short Interest in Calamos Strategic Total Return Fund (NASDAQ:CSQ) Declines By 41.0%

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

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its stake in shares of Calamos Strategic Total Return Fund by 13.0% in the third quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock worth $113,000 after purchasing an additional 678 shares during the last quarter. Allworth Financial LP lifted its holdings in Calamos Strategic Total Return Fund by 13.4% in the 2nd quarter. Allworth Financial LP now owns 6,235 shares of the investment management company’s stock worth $114,000 after buying an additional 736 shares during the period. Insigneo Advisory Services LLC grew its position in shares of Calamos Strategic Total Return Fund by 5.7% in the 2nd quarter. Insigneo Advisory Services LLC now owns 13,924 shares of the investment management company’s stock worth $254,000 after buying an additional 750 shares during the last quarter. Kestra Private Wealth Services LLC increased 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 valued at $629,000 after buying an additional 791 shares during the period. Finally, HighTower Advisors LLC raised its holdings in shares of Calamos Strategic Total Return Fund by 0.7% during the third quarter. HighTower Advisors LLC now owns 119,666 shares of the investment management company’s stock valued at $2,308,000 after acquiring an additional 860 shares in the last quarter.

Calamos Strategic Total Return Fund Stock Up 0.4%

Shares of CSQ traded up $0.08 during trading hours on Friday, hitting $19.68. The company had a trading volume of 156,421 shares, compared to its average volume of 221,545. The stock’s 50 day moving average price is $18.99 and its 200 day moving average price is $18.69. Calamos Strategic Total Return Fund has a 52-week low of $13.11 and a 52-week high of $19.71.

Calamos Strategic Total Return Fund Increases Dividend

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

About Calamos Strategic Total Return Fund

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