Calamos S&P 500 Structured Alt Protection ETF – October (NYSEARCA:CPSO) Sees Large Decline in Short Interest

Calamos S&P 500 Structured Alt Protection ETF – October (NYSEARCA:CPSO) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 9,022 shares, a drop of 53.6% from the September 30th total of 19,424 shares. Based on an average daily volume of 14,180 shares, the short-interest ratio is currently 0.6 days. Approximately 0.8% of the company’s shares are short sold.

Calamos S&P 500 Structured Alt Protection ETF – October Price Performance

NYSEARCA CPSO traded down $0.10 on Friday, hitting $28.45. 6,455 shares of the stock were exchanged, compared to its average volume of 2,600. The company’s 50-day moving average price is $28.35 and its two-hundred day moving average price is $27.74. Calamos S&P 500 Structured Alt Protection ETF – October has a 52-week low of $26.73 and a 52-week high of $28.58. The company has a market capitalization of $31.30 million, a price-to-earnings ratio of -264.09 and a beta of 0.18.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CPSO. Verdence Capital Advisors LLC acquired a new position in Calamos S&P 500 Structured Alt Protection ETF – October during the third quarter valued at $648,000. Tucker Asset Management LLC acquired a new stake in Calamos S&P 500 Structured Alt Protection ETF – October during the 2nd quarter worth about $50,000. Finally, Calamos Advisors LLC grew its stake in Calamos S&P 500 Structured Alt Protection ETF – October by 24.2% during the 1st quarter. Calamos Advisors LLC now owns 356,032 shares of the company’s stock valued at $9,613,000 after acquiring an additional 69,386 shares in the last quarter.

About Calamos S&P 500 Structured Alt Protection ETF – October

The Calamos S&P 500 Structured Alt Protection ETF – October (CPSO) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund holds FLEX options to obtain exposure CPSO was launched on Oct 1, 2024 and is issued by Calamos.