Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Stock Short Interest Drops 63.3%

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 788 shares, a drop of 63.3% from the August 31st total of 2,150 shares. Based on an average trading volume of 1,161 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

Large investors have recently modified their holdings of the company. Calamos Advisors LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF during the first quarter valued at about $5,326,000. Calamos Wealth Management LLC grew its holdings in shares of Calamos Nasdaq Equity & Income ETF by 42.2% in the first 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 in the last quarter. Finally, Waverly Advisors LLC bought a new position in Calamos Nasdaq Equity & Income ETF in the 1st quarter valued at $28,000.

Calamos Nasdaq Equity & Income ETF Stock Down 0.5%

Shares of Calamos Nasdaq Equity & Income ETF stock traded down $0.14 on Tuesday, hitting $29.24. 221 shares of the company’s stock traded hands, compared to its average volume of 5,172. Calamos Nasdaq Equity & Income ETF has a one year low of $27.36 and a one year high of $31.62. The company has a fifty day moving average of $30.03 and a two-hundred day moving average of $29.93.

Calamos Nasdaq Equity & Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, September 1st were given a dividend of $0.1109 per share. This represents a $1.33 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Tuesday, September 1st.

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.