Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Sees Significant Decline in Short Interest

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a large decrease in short interest in February. As of February 27th, there was short interest totaling 150 shares, a decrease of 94.1% from the February 12th total of 2,539 shares. Based on an average trading volume of 5,670 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 5,670 shares, the days-to-cover ratio is presently 0.0 days.

Calamos Nasdaq Equity & Income ETF Stock Performance

Shares of CANQ stock traded down $0.13 on Tuesday, hitting $28.95. The stock had a trading volume of 1,926 shares, compared to its average volume of 11,935. The business has a 50 day moving average of $29.57 and a 200 day moving average of $29.94. Calamos Nasdaq Equity & Income ETF has a 12-month low of $25.11 and a 12-month high of $31.60.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were given a dividend of $0.11 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Trading of Calamos Nasdaq Equity & Income ETF

Hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. lifted 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 last quarter. Farther Finance Advisors LLC bought a new stake in Calamos Nasdaq Equity & Income ETF during the 4th quarter valued at $109,000. WMG Financial Advisors LLC bought a new stake in Calamos Nasdaq Equity & Income ETF during the 3rd quarter valued at $238,000. Sound Income Strategies LLC purchased a new stake in shares of Calamos Nasdaq Equity & Income ETF during the fourth quarter worth $270,000. Finally, Prosperity Wealth Management Inc. boosted its stake in 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 purchasing an additional 1,256 shares during the period.

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.