Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) Shares Shorted: Short Interest Down 66.7% in October

Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 4,271 shares, a drop of 66.7% from the October 15th total of 12,832 shares. Based on an average trading volume of 3,348 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.

Calamos CEF Income & Arbitrage ETF Trading Down 0.2%

Calamos CEF Income & Arbitrage ETF stock traded down $0.07 during mid-day trading on Friday, hitting $27.98. 1,829 shares of the company traded hands, compared to its average volume of 4,338. Calamos CEF Income & Arbitrage ETF has a one year low of $27.54 and a one year high of $30.40. The stock has a fifty day moving average price of $28.66 and a 200-day moving average price of $29.19.

Calamos CEF Income & Arbitrage ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 9th. Stockholders of record on Monday, November 2nd were issued a $0.1908 dividend. This represents a $2.29 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date was Monday, November 2nd. This is a decrease from Calamos CEF Income & Arbitrage ETF’s previous monthly dividend of $0.1948.

Hedge Funds Weigh In On Calamos CEF Income & Arbitrage ETF

Several institutional investors and hedge funds have recently made changes to their positions in CCEF. Commonwealth Equity Services LLC bought a new stake in shares of Calamos CEF Income & Arbitrage ETF in the 3rd quarter valued at about $1,491,000. William Mack & Associates Inc. lifted its position in shares of Calamos CEF Income & Arbitrage ETF by 14.0% in the 3rd quarter. William Mack & Associates Inc. now owns 29,866 shares of the company’s stock worth $856,000 after purchasing an additional 3,669 shares during the period. Brookstone Capital Management bought a new stake in Calamos CEF Income & Arbitrage ETF during the 3rd quarter valued at approximately $415,000. Fearless Solutions LLC dba Best Invest raised its holdings in Calamos CEF Income & Arbitrage ETF by 29.9% in the third quarter. Fearless Solutions LLC dba Best Invest now owns 40,063 shares of the company’s stock worth $1,148,000 after purchasing an additional 9,218 shares in the last quarter. Finally, Capital Analysts LLC lifted its holdings in shares of Calamos CEF Income & Arbitrage ETF by 40.5% during the second quarter. Capital Analysts LLC now owns 5,328 shares of the company’s stock valued at $159,000 after purchasing an additional 1,536 shares during the last quarter.

About Calamos CEF Income & Arbitrage ETF

The Calamos CEF Income & Arbitrage ETF (CCEF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that invests in income-producing closed-end funds trading at attractive discounts. The fund seeks to deliver high current income and long-term capital appreciation. CCEF was launched on Jan 16, 2024 and is issued by Calamos.