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

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the target 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. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 2,304 shares, the days-to-cover ratio is presently 1.4 days.

Calamos Nasdaq Equity & Income ETF Stock Performance

NASDAQ CANQ traded up $0.10 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 1 year low of $27.36 and a 1 year high of $31.62. The business has a 50 day moving average price of $30.64 and a 200 day moving average price of $29.78.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, July 1st were given 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 yield of 4.6%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Waverly Advisors LLC acquired a new stake in shares of Calamos Nasdaq Equity & Income ETF in the first quarter worth $28,000. Osaic Holdings Inc. raised its stake in Calamos Nasdaq Equity & Income ETF by 155.4% during 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 during the last quarter. Farther Finance Advisors LLC acquired a new position in Calamos Nasdaq Equity & Income ETF during the 4th quarter valued at $109,000. Sound Income Strategies LLC bought a new stake in Calamos Nasdaq Equity & Income ETF in the 4th quarter valued at $270,000. Finally, Prosperity Wealth Management Inc. grew its position 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 purchasing an additional 1,256 shares during 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.