Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Up 125.4% in August

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 96,952 shares, a growth of 125.4% from the August 15th total of 43,015 shares. Based on an average daily trading volume, of 172,812 shares, the short-interest ratio is presently 0.6 days.

Calamos Strategic Total Return Fund Trading Down 0.7%

Shares of NASDAQ CSQ traded down $0.15 during trading hours on Tuesday, hitting $20.28. 163,664 shares of the stock were exchanged, compared to its average volume of 236,013. The firm has a fifty day moving average price of $20.63 and a 200-day moving average price of $19.77. Calamos Strategic Total Return Fund has a 12 month low of $16.41 and a 12 month high of $21.17.

Calamos Strategic Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, September 21st. Shareholders of record on Monday, September 14th will be issued a $0.135 dividend. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Monday, September 14th.

Institutional Trading of Calamos Strategic Total Return Fund

Several hedge funds and other institutional investors have recently made changes to their positions in CSQ. Brookstone Capital Management grew its position in Calamos Strategic Total Return Fund by 3.5% during the 1st quarter. Brookstone Capital Management now owns 28,340 shares of the investment management company’s stock worth $485,000 after purchasing an additional 967 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in shares of Calamos Strategic Total Return Fund by 11.4% during the first quarter. Nations Financial Group Inc. IA ADV now owns 24,652 shares of the investment management company’s stock worth $422,000 after buying an additional 2,516 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of Calamos Strategic Total Return Fund by 7.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 670,230 shares of the investment management company’s stock valued at $12,868,000 after buying an additional 46,316 shares during the last quarter. 1607 Capital Partners LLC acquired a new position in shares of Calamos Strategic Total Return Fund in the 4th quarter valued at $2,903,000. Finally, Uniting Wealth Partners LLC raised its stake in Calamos Strategic Total Return Fund by 8.0% in the 4th quarter. Uniting Wealth Partners LLC now owns 23,507 shares of the investment management company’s stock worth $454,000 after acquiring an additional 1,742 shares during the last quarter.

About Calamos Strategic Total Return Fund

Calamos Strategic Total Return Fund (NASDAQ: CSQ) is a diversified, closed-end management investment company advised by Calamos Advisors LLC. The fund seeks to provide total return through a combination of current income and capital appreciation.

To pursue its objective, CSQ invests in a portfolio of equity securities, convertible securities and fixed-income instruments. Its holdings may include investment-grade and below-investment-grade corporate debt, as well as securities issued by companies across a range of industries and market sectors.