Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Sees Large Drop in Short Interest

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,879 shares, a decline of 53.6% from the July 30th total of 4,050 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,287 shares, the days-to-cover ratio is presently 1.5 days.

Calamos Nasdaq Equity & Income ETF Stock Up 0.1%

Shares of NASDAQ:CANQ traded up $0.03 during trading hours on Friday, hitting $30.32. 854 shares of the company’s stock traded hands, compared to its average volume of 5,685. Calamos Nasdaq Equity & Income ETF has a 1 year low of $27.36 and a 1 year high of $31.62. The business has a fifty day moving average price of $30.30 and a 200-day moving average price of $29.86.

Calamos Nasdaq Equity & Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, August 10th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.1109 per share. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CANQ. Waverly Advisors LLC purchased a new position in Calamos Nasdaq Equity & Income ETF during the 1st quarter worth $28,000. Farther Finance Advisors LLC bought a new stake in Calamos Nasdaq Equity & Income ETF during the 4th quarter valued at $109,000. Osaic Holdings Inc. lifted its holdings in shares of Calamos Nasdaq Equity & Income ETF by 155.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,778 shares of the company’s stock worth $109,000 after buying an additional 2,299 shares during the period. Prosperity Wealth Management Inc. lifted its holdings in shares of Calamos Nasdaq Equity & Income ETF by 14.2% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock worth $305,000 after buying an additional 1,256 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Calamos Nasdaq Equity & Income ETF in the 2nd quarter worth $382,000.

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.