Calamos Strategic Total Return Fund (NASDAQ:CSQ) Sees Large Decrease in Short Interest

Calamos Strategic Total Return Fund (NASDAQ:CSQ) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 5,557 shares, a decline of 88.7% from the April 30th total of 49,277 shares. Based on an average daily volume of 203,329 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cornerstone Advisors LLC grew its holdings in shares of Calamos Strategic Total Return Fund by 53.7% in the 3rd quarter. Cornerstone Advisors LLC now owns 2,211,013 shares of the investment management company’s stock worth $42,650,000 after purchasing an additional 772,878 shares during the last quarter. Readystate Asset Management LP boosted its position in Calamos Strategic Total Return Fund by 504.0% in the fourth quarter. Readystate Asset Management LP now owns 494,242 shares of the investment management company’s stock valued at $9,489,000 after buying an additional 412,416 shares in the last quarter. Rivernorth Capital Management LLC acquired a new position in Calamos Strategic Total Return Fund in the first quarter valued at about $2,953,000. PMG Family Office LLC bought a new stake in Calamos Strategic Total Return Fund during the third quarter worth about $3,024,000. Finally, Advisors Asset Management Inc. grew its stake in Calamos Strategic Total Return Fund by 29.8% during the fourth quarter. Advisors Asset Management Inc. now owns 676,020 shares of the investment management company’s stock worth $12,980,000 after buying an additional 155,309 shares during the last quarter.

Calamos Strategic Total Return Fund Price Performance

Shares of CSQ opened at $20.51 on Thursday. Calamos Strategic Total Return Fund has a 1 year low of $16.41 and a 1 year high of $20.60. The stock has a 50 day simple moving average of $18.93 and a 200-day simple moving average of $18.99.

Calamos Strategic Total Return Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th were given a $0.1225 dividend. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date was Thursday, May 14th.

About Calamos Strategic Total Return Fund

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