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

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 278 shares, a decrease of 64.6% from the June 15th total of 786 shares. Based on an average daily volume of 869 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of Calamos Nasdaq Equity & Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Calamos Wealth Management LLC boosted its position in shares of Calamos Nasdaq Equity & Income ETF by 252.0% in the fourth quarter. Calamos Wealth Management LLC now owns 134,448 shares of the company’s stock worth $4,003,000 after acquiring an additional 96,255 shares during the last quarter. Waverly Advisors LLC acquired a new position in Calamos Nasdaq Equity & Income ETF during the first quarter worth approximately $28,000. Calamos Advisors LLC purchased a new position in Calamos Nasdaq Equity & Income ETF during the first quarter worth approximately $5,326,000. IFP Advisors Inc raised its stake in Calamos Nasdaq Equity & Income ETF by 6.1% during the fourth quarter. IFP Advisors Inc now owns 23,973 shares of the company’s stock worth $714,000 after purchasing an additional 1,370 shares during the period. Finally, Prosperity Wealth Management Inc. boosted its holdings in shares of Calamos Nasdaq Equity & Income ETF by 14.2% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock valued at $305,000 after purchasing an additional 1,256 shares during the last quarter.

Calamos Nasdaq Equity & Income ETF Price Performance

Shares of CANQ stock traded up $0.03 during mid-day trading on Wednesday, hitting $30.55. 411 shares of the company’s stock were exchanged, compared to its average volume of 6,702. Calamos Nasdaq Equity & Income ETF has a fifty-two week low of $27.36 and a fifty-two week high of $31.62. The stock has a 50-day simple moving average of $30.74 and a two-hundred day simple moving average of $29.75.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, July 1st were paid a $0.114 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.