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

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 522 shares, a decline of 92.3% from the December 31st total of 6,789 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 34,775 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 34,775 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of Calamos Nasdaq Equity & Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CANQ. Farther Finance Advisors LLC purchased a new position in shares of Calamos Nasdaq Equity & Income ETF during the fourth quarter worth $109,000. Osaic Holdings Inc. lifted 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 worth $109,000 after acquiring an additional 2,299 shares in the last quarter. WMG Financial Advisors LLC acquired a new position in Calamos Nasdaq Equity & Income ETF during the 3rd quarter worth about $238,000. Sound Income Strategies LLC purchased a new position in Calamos Nasdaq Equity & Income ETF during the 4th quarter valued at about $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 valued at $305,000 after acquiring an additional 1,256 shares in the last quarter.

Calamos Nasdaq Equity & Income ETF Trading Up 0.3%

CANQ stock traded up $0.10 during mid-day trading on Tuesday, hitting $30.01. 11,180 shares of the company were exchanged, compared to its average volume of 23,922. Calamos Nasdaq Equity & Income ETF has a 12-month low of $25.11 and a 12-month high of $31.60. The business has a fifty day simple moving average of $30.03 and a 200-day simple moving average of $29.87.

Calamos Nasdaq Equity & Income ETF Increases Dividend

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

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.