Short Interest in Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) Rises By 283.8%

Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 11,837 shares, an increase of 283.8% from the January 29th total of 3,084 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 8,489 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 8,489 shares, the short-interest ratio is presently 1.4 days. Currently, 1.2% of the shares of the company are sold short.

Calamos CEF Income & Arbitrage ETF Stock Performance

CCEF stock traded up $0.03 on Friday, reaching $29.95. The company’s stock had a trading volume of 5,649 shares, compared to its average volume of 6,929. Calamos CEF Income & Arbitrage ETF has a 52 week low of $24.03 and a 52 week high of $30.02. The firm has a fifty day moving average of $29.43 and a two-hundred day moving average of $28.97.

Calamos CEF Income & Arbitrage ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Monday, February 2nd were paid a $0.198 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 7.9%.

Institutional Investors Weigh In On Calamos CEF Income & Arbitrage ETF

Several institutional investors have recently bought and sold shares of CCEF. Kestra Advisory Services LLC bought a new position in Calamos CEF Income & Arbitrage ETF in the 4th quarter valued at about $30,000. Capital Analysts LLC boosted its holdings in shares of Calamos CEF Income & Arbitrage ETF by 29.6% in the fourth quarter. Capital Analysts LLC now owns 3,792 shares of the company’s stock valued at $109,000 after acquiring an additional 867 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in shares of Calamos CEF Income & Arbitrage ETF in the second quarter valued at approximately $208,000. William Mack & Associates Inc. bought a new position in shares of Calamos CEF Income & Arbitrage ETF in the fourth quarter valued at approximately $219,000. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Calamos CEF Income & Arbitrage ETF by 318.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,365 shares of the company’s stock valued at $241,000 after acquiring an additional 6,365 shares during the period.

Calamos CEF Income & Arbitrage ETF Company Profile

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.