Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Sees Large Decline in Short Interest

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 122 shares, a decline of 84.5% from the September 15th total of 788 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,551 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Calamos Nasdaq Equity & Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Waverly Advisors LLC purchased a new stake in Calamos Nasdaq Equity & Income ETF during the 1st quarter valued at approximately $28,000. Calamos Advisors LLC acquired a new position in Calamos Nasdaq Equity & Income ETF during the 1st quarter worth approximately $5,326,000. Finally, Calamos Wealth Management LLC raised its stake in shares of Calamos Nasdaq Equity & Income ETF by 42.2% during the 1st quarter. Calamos Wealth Management LLC now owns 191,167 shares of the company’s stock worth $5,326,000 after buying an additional 56,719 shares in the last quarter.

Calamos Nasdaq Equity & Income ETF Trading Down 0.2%

Shares of CANQ stock traded down $0.05 during trading on Monday, reaching $29.70. The company’s stock had a trading volume of 742 shares, compared to its average volume of 5,094. Calamos Nasdaq Equity & Income ETF has a 1-year low of $27.36 and a 1-year high of $31.62. The stock’s 50-day moving average price is $29.97 and its 200 day moving average price is $30.01.

Calamos Nasdaq Equity & Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, October 1st were paid a dividend of $0.1226 per share. The ex-dividend date was Thursday, October 1st. This is a positive change from Calamos Nasdaq Equity & Income ETF’s previous monthly dividend of $0.1109. This represents a $1.47 dividend on an annualized basis and a dividend yield of 5.0%.

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.