Calamos Strategic Total Return Fund (NASDAQ:CSQ) Sees Significant Increase in Short Interest

Calamos Strategic Total Return Fund (NASDAQ:CSQ) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 11,659 shares, a growth of 109.8% from the May 14th total of 5,557 shares. Based on an average daily volume of 237,315 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in CSQ. NewEdge Advisors LLC boosted its holdings in Calamos Strategic Total Return Fund by 8.6% in the first quarter. NewEdge Advisors LLC now owns 63,650 shares of the investment management company’s stock worth $1,030,000 after purchasing an additional 5,059 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Calamos Strategic Total Return Fund during the 1st quarter worth $213,000. Creative Planning purchased a new position in shares of Calamos Strategic Total Return Fund during the 2nd quarter worth $187,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Calamos Strategic Total Return Fund by 101.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,324 shares of the investment management company’s stock worth $115,000 after acquiring an additional 3,184 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Calamos Strategic Total Return Fund by 8.3% during the 2nd quarter. Invesco Ltd. now owns 107,541 shares of the investment management company’s stock worth $1,962,000 after acquiring an additional 8,232 shares during the last quarter.

Calamos Strategic Total Return Fund Trading Up 0.7%

CSQ stock traded up $0.13 on Friday, hitting $20.10. The company had a trading volume of 181,697 shares, compared to its average volume of 264,155. Calamos Strategic Total Return Fund has a 12-month low of $16.41 and a 12-month high of $20.82. The stock’s 50-day simple moving average is $19.62 and its 200 day simple moving average is $19.13.

Calamos Strategic Total Return Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 12th will be issued a $0.1225 dividend. The ex-dividend date is Friday, June 12th. This represents a c) annualized dividend and a yield of 7.3%.

About Calamos Strategic Total Return Fund

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