Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Sees Large Drop in Short Interest

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,879 shares, a drop of 53.6% from the July 30th total of 4,050 shares. Based on an average trading volume of 1,287 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Calamos Nasdaq Equity & Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Mutual Advisors LLC increased its stake in shares of Calamos Nasdaq Equity & Income ETF by 3.8% in the fourth quarter. Mutual Advisors LLC now owns 310,729 shares of the company’s stock valued at $9,251,000 after purchasing an additional 11,417 shares during the period. Calamos Advisors LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF in the 1st quarter worth approximately $5,326,000. Calamos Wealth Management LLC lifted its position in shares of Calamos Nasdaq Equity & Income ETF by 42.2% during the 1st quarter. Calamos Wealth Management LLC now owns 191,167 shares of the company’s stock valued at $5,326,000 after acquiring an additional 56,719 shares during the last quarter. IFP Advisors Inc lifted its stake in Calamos Nasdaq Equity & Income ETF by 6.1% during the fourth quarter. IFP Advisors Inc now owns 23,973 shares of the company’s stock valued at $714,000 after buying an additional 1,370 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Calamos Nasdaq Equity & Income ETF in the 2nd quarter worth approximately $382,000.

Calamos Nasdaq Equity & Income ETF Stock Performance

CANQ stock remained flat at $30.32 on Monday. 854 shares of the company traded hands, compared to its average volume of 5,685. Calamos Nasdaq Equity & Income ETF has a 1 year low of $27.36 and a 1 year high of $31.62. The company has a fifty day simple moving average of $30.30 and a two-hundred day simple moving average of $29.86.

Calamos Nasdaq Equity & Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were paid a $0.1109 dividend. The ex-dividend date was Monday, August 3rd.

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.