Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Short Interest Update

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 278 shares, a drop of 64.6% from the June 15th total of 786 shares. Based on an average daily trading volume, of 869 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF in the 2nd quarter worth about $382,000. Osaic Holdings Inc. grew its holdings in Calamos Nasdaq Equity & Income ETF by 155.4% during the second 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 period. Prosperity Wealth Management Inc. increased its holdings in shares of Calamos Nasdaq Equity & Income ETF by 14.2% in the third quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock worth $305,000 after acquiring an additional 1,256 shares in the last quarter. IFP Advisors Inc boosted its stake in Calamos Nasdaq Equity & Income ETF by 17.1% in the 3rd quarter. IFP Advisors Inc now owns 22,608 shares of the company’s stock worth $681,000 after purchasing an additional 3,300 shares during the period. Finally, Sound Income Strategies LLC bought a new position in shares of Calamos Nasdaq Equity & Income ETF during the 4th quarter worth approximately $270,000.

Calamos Nasdaq Equity & Income ETF Stock Down 0.8%

CANQ stock traded down $0.24 during midday trading on Tuesday, reaching $30.47. The company had a trading volume of 112 shares, compared to its average volume of 6,746. The company has a 50 day moving average of $30.73 and a two-hundred day moving average of $29.75. Calamos Nasdaq Equity & Income ETF has a 1 year low of $27.36 and a 1 year high of $31.62.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 9th. Investors of record on Wednesday, July 1st were issued a $0.114 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Wednesday, July 1st.

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.