Short Interest in Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Grows By 196.8%

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 828 shares, a growth of 196.8% from the May 14th total of 279 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,635 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Calamos Nasdaq Equity & Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in CANQ. Waverly Advisors LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF during the 1st quarter valued at approximately $28,000. Osaic Holdings Inc. grew its holdings in shares of 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 bought a new stake in shares of Calamos Nasdaq Equity & Income ETF during the 4th quarter valued at approximately $109,000. Sound Income Strategies LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF during the 4th quarter valued at approximately $270,000. Finally, Prosperity Wealth Management Inc. grew its holdings in shares of Calamos Nasdaq Equity & Income ETF by 14.2% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock valued at $305,000 after purchasing an additional 1,256 shares during the last quarter.

Calamos Nasdaq Equity & Income ETF Stock Performance

Shares of NASDAQ:CANQ opened at $30.51 on Friday. The firm has a 50 day moving average of $30.09 and a 200-day moving average of $29.71. Calamos Nasdaq Equity & Income ETF has a 12 month low of $27.36 and a 12 month high of $31.62.

Calamos Nasdaq Equity & Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, June 8th. Investors of record on Monday, June 1st were issued a dividend of $0.1178 per share. This is a boost from Calamos Nasdaq Equity & Income ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.