Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Update

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 55,700 shares, an increase of 24.9% from the March 15th total of 44,600 shares. Based on an average trading volume of 218,100 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Brookstone Capital Management raised its position in shares of Calamos Strategic Total Return Fund by 22.4% in the first quarter. Brookstone Capital Management now owns 16,804 shares of the investment management company’s stock worth $275,000 after acquiring an additional 3,079 shares during the period. Capital CS Group LLC increased its stake in shares of Calamos Strategic Total Return Fund by 13.7% during the first quarter. Capital CS Group LLC now owns 25,919 shares of the investment management company’s stock worth $424,000 after purchasing an additional 3,121 shares in the last quarter. Fortis Group Advisors LLC increased its stake in shares of Calamos Strategic Total Return Fund by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,000 shares of the investment management company’s stock worth $30,000 after purchasing an additional 1,000 shares in the last quarter. Harbour Investments Inc. increased its stake in shares of Calamos Strategic Total Return Fund by 1.8% during the fourth quarter. Harbour Investments Inc. now owns 57,570 shares of the investment management company’s stock worth $856,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Calamos Strategic Total Return Fund by 50.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 24,358 shares of the investment management company’s stock worth $362,000 after purchasing an additional 8,180 shares in the last quarter.

Calamos Strategic Total Return Fund Trading Down 1.7 %

Shares of Calamos Strategic Total Return Fund stock traded down $0.27 during trading hours on Monday, reaching $15.56. The stock had a trading volume of 241,044 shares, compared to its average volume of 215,441. The stock’s 50 day moving average is $15.99 and its 200 day moving average is $14.90. Calamos Strategic Total Return Fund has a twelve month low of $12.50 and a twelve month high of $16.45.

Calamos Strategic Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 19th. Shareholders of record on Friday, April 12th will be given a $0.102 dividend. The ex-dividend date is Thursday, April 11th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 7.87%.

Calamos Strategic Total Return Fund Company Profile

Calamos Strategic Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.