Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) Short Interest Down 25.0% in April

Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 6,041 shares, a drop of 25.0% from the March 31st total of 8,052 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 3,868 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Investors Weigh In On Calamos CEF Income & Arbitrage ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC acquired a new stake in Calamos CEF Income & Arbitrage ETF in the 4th quarter valued at approximately $30,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Calamos CEF Income & Arbitrage ETF in the 1st quarter valued at approximately $51,000. Capital Analysts LLC raised its position in Calamos CEF Income & Arbitrage ETF by 29.6% in the 4th quarter. Capital Analysts LLC now owns 3,792 shares of the company’s stock valued at $109,000 after buying an additional 867 shares during the last quarter. William Mack & Associates Inc. acquired a new stake in Calamos CEF Income & Arbitrage ETF in the 4th quarter valued at approximately $219,000. Finally, Steward Partners Investment Advisory LLC raised its position in Calamos CEF Income & Arbitrage ETF by 318.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,365 shares of the company’s stock valued at $241,000 after buying an additional 6,365 shares during the last quarter.

Calamos CEF Income & Arbitrage ETF Trading Down 0.6%

Shares of NYSEARCA CCEF traded down $0.18 during mid-day trading on Friday, reaching $29.40. 2,530 shares of the company’s stock were exchanged, compared to its average volume of 5,526. The business has a fifty day simple moving average of $28.85 and a 200 day simple moving average of $28.94. Calamos CEF Income & Arbitrage ETF has a twelve month low of $26.85 and a twelve month high of $30.02.

Calamos CEF Income & Arbitrage ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were given a $0.2074 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 8.5%. This is a boost from Calamos CEF Income & Arbitrage ETF’s previous monthly dividend of $0.20.

Calamos CEF Income & Arbitrage ETF Company Profile

The Calamos CEF Income & Arbitrage ETF (CCEF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that invests in income-producing closed-end funds trading at attractive discounts. The fund seeks to deliver high current income and long-term capital appreciation. CCEF was launched on Jan 16, 2024 and is issued by Calamos.