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

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 522 shares, a decline of 92.3% from the December 31st total of 6,789 shares. Based on an average daily trading volume, of 34,775 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 34,775 shares, the short-interest ratio is currently 0.0 days.

Calamos Nasdaq Equity & Income ETF Stock Performance

Shares of NASDAQ:CANQ traded up $0.10 during trading on Tuesday, reaching $30.01. The stock had a trading volume of 11,180 shares, compared to its average volume of 23,922. The business has a fifty day moving average price of $30.03 and a 200-day moving average price of $29.87. Calamos Nasdaq Equity & Income ETF has a 1-year low of $25.11 and a 1-year high of $31.60.

Calamos Nasdaq Equity & Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.1571 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This is a positive change from Calamos Nasdaq Equity & Income ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Prosperity Wealth Management Inc. boosted its position in Calamos Nasdaq Equity & Income ETF by 14.2% during the third quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock worth $305,000 after acquiring an additional 1,256 shares during the last quarter. Osaic Holdings Inc. lifted its stake in Calamos Nasdaq Equity & Income ETF by 155.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,778 shares of the company’s stock worth $109,000 after purchasing an additional 2,299 shares in the last quarter. Brookwood Investment Group LLC boosted its holdings in shares of Calamos Nasdaq Equity & Income ETF by 25.8% during the 4th quarter. Brookwood Investment Group LLC now owns 14,856 shares of the company’s stock worth $442,000 after purchasing an additional 3,044 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Calamos Nasdaq Equity & Income ETF by 17.1% during the 3rd quarter. IFP Advisors Inc now owns 22,608 shares of the company’s stock worth $681,000 after purchasing an additional 3,300 shares during the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Calamos Nasdaq Equity & Income ETF in the fourth quarter valued at approximately $109,000.

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.