Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) Short Interest Update

Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 3,084 shares, a drop of 82.1% from the January 15th total of 17,275 shares. Based on an average trading volume of 4,136 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 4,136 shares, the days-to-cover ratio is presently 0.7 days.

Calamos CEF Income & Arbitrage ETF Stock Performance

Shares of CCEF traded up $0.05 during trading hours on Wednesday, hitting $29.89. 1,304 shares of the company were exchanged, compared to its average volume of 6,482. Calamos CEF Income & Arbitrage ETF has a fifty-two week low of $24.03 and a fifty-two week high of $29.93. The firm’s fifty day moving average is $29.10 and its 200 day moving average is $28.84.

Calamos CEF Income & Arbitrage ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Monday, February 2nd were paid a $0.198 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 7.9%.

Hedge Funds Weigh In On Calamos CEF Income & Arbitrage ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Aurora Private Wealth Inc. acquired a new position in Calamos CEF Income & Arbitrage ETF in the fourth quarter valued at approximately $742,000. Fearless Solutions LLC dba Best Invest acquired a new position in shares of Calamos CEF Income & Arbitrage ETF during the 4th quarter valued at $549,000. William Mack & Associates Inc. bought a new position in Calamos CEF Income & Arbitrage ETF during the fourth quarter worth $219,000. Kingsview Wealth Management LLC acquired a new stake in Calamos CEF Income & Arbitrage ETF in the second quarter worth $208,000. Finally, Consolidated Portfolio Review Corp grew its holdings in Calamos CEF Income & Arbitrage ETF by 50.1% in the third quarter. Consolidated Portfolio Review Corp now owns 12,179 shares of the company’s stock worth $354,000 after purchasing an additional 4,064 shares during the period.

About Calamos CEF Income & Arbitrage ETF

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.