Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Short Interest Down 94.4% in May

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 279 shares, a drop of 94.4% from the April 30th total of 4,968 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,757 shares, the days-to-cover ratio is presently 0.1 days.

Calamos Nasdaq Equity & Income ETF Stock Down 0.2%

CANQ stock traded down $0.06 during mid-day trading on Wednesday, reaching $31.22. The company had a trading volume of 4,224 shares, compared to its average volume of 7,058. The stock has a 50 day simple moving average of $29.40 and a two-hundred day simple moving average of $29.66. Calamos Nasdaq Equity & Income ETF has a 52 week low of $27.36 and a 52 week high of $31.60.

Calamos Nasdaq Equity & Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, May 1st were paid a $0.1032 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, May 1st.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Calamos Wealth Management LLC grew its stake in 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 valued at $4,003,000 after purchasing an additional 96,255 shares in the last quarter. Mutual Advisors LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF during the 3rd quarter worth approximately $9,029,000. Brookwood Investment Group LLC increased 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 acquiring an additional 3,044 shares during the last quarter. Prosperity Wealth Management Inc. increased its holdings in shares of Calamos Nasdaq Equity & Income ETF by 14.2% during the 3rd 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. Finally, Jane Street Group LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF during the 2nd quarter worth approximately $382,000.

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.