Short Interest in Calamos Strategic Total Return Fund (NASDAQ:CSQ) Declines By 48.0%

Calamos Strategic Total Return Fund (NASDAQ:CSQ) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 32,710 shares, a drop of 48.0% from the February 26th total of 62,958 shares. Based on an average daily trading volume, of 290,759 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CSQ. Bank of America Corp DE raised its position in shares of Calamos Strategic Total Return Fund by 1.0% in the third quarter. Bank of America Corp DE now owns 4,783,958 shares of the investment management company’s stock valued at $92,283,000 after buying an additional 48,205 shares in the last quarter. Cornerstone Advisors LLC increased its stake in Calamos Strategic Total Return Fund by 53.7% during the 3rd quarter. Cornerstone Advisors LLC now owns 2,211,013 shares of the investment management company’s stock worth $42,650,000 after acquiring an additional 772,878 shares during the period. Raymond James Financial Inc. increased its stake in Calamos Strategic Total Return Fund by 3.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,995,245 shares of the investment management company’s stock worth $36,393,000 after acquiring an additional 67,576 shares during the period. LPL Financial LLC raised its holdings in Calamos Strategic Total Return Fund by 8.0% in the 4th quarter. LPL Financial LLC now owns 1,205,773 shares of the investment management company’s stock valued at $23,151,000 after acquiring an additional 89,055 shares in the last quarter. Finally, Bensler LLC raised its holdings in Calamos Strategic Total Return Fund by 7.9% in the 4th quarter. Bensler LLC now owns 1,087,101 shares of the investment management company’s stock valued at $20,872,000 after acquiring an additional 79,519 shares in the last quarter.

Calamos Strategic Total Return Fund Stock Performance

CSQ stock opened at $16.68 on Friday. The company’s 50-day simple moving average is $18.68 and its 200 day simple moving average is $18.97. Calamos Strategic Total Return Fund has a 52 week low of $13.11 and a 52 week high of $19.83.

Calamos Strategic Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 13th were issued a $0.1225 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 8.8%.

About Calamos Strategic Total Return Fund

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