Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Shares Shorted: Short Interest Down 84.5% in September

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 122 shares, a decline of 84.5% from the September 15th total of 788 shares. Based on an average trading volume of 1,551 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Calamos Nasdaq Equity & Income ETF Stock Up 0.7%

Shares of NASDAQ:CANQ opened at $29.80 on Friday. The firm’s 50 day simple moving average is $29.97 and its 200-day simple moving average is $30.00. Calamos Nasdaq Equity & Income ETF has a one year low of $27.36 and a one year high of $31.62.

Calamos Nasdaq Equity & Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, October 1st were given a dividend of $0.1226 per share. This is a positive change from Calamos Nasdaq Equity & Income ETF’s previous monthly dividend of $0.1109. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.47 dividend on an annualized basis and a yield of 4.9%.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

Large investors have recently added to or reduced their stakes in the company. Waverly Advisors LLC purchased a new stake in Calamos Nasdaq Equity & Income ETF in the first quarter valued at about $28,000. Calamos Advisors LLC purchased a new stake in shares of Calamos Nasdaq Equity & Income ETF during the first quarter valued at $5,326,000. Finally, Calamos Wealth Management LLC lifted its position in Calamos Nasdaq Equity & Income ETF by 42.2% during the 1st quarter. Calamos Wealth Management LLC now owns 191,167 shares of the company’s stock worth $5,326,000 after acquiring an additional 56,719 shares during the period.

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.