Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) Sees Significant Drop in Short Interest

Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 6,811 shares, a drop of 49.9% from the November 30th total of 13,585 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 8,067 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 8,067 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Calamos CEF Income & Arbitrage ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. 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. Prosperity Wealth Management Inc. boosted its position in Calamos CEF Income & Arbitrage ETF by 5.9% in the third quarter. Prosperity Wealth Management Inc. now owns 10,662 shares of the company’s stock worth $310,000 after purchasing an additional 592 shares during the last quarter. Consolidated Portfolio Review Corp grew its stake in Calamos CEF Income & Arbitrage ETF by 50.1% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 12,179 shares of the company’s stock valued at $354,000 after purchasing an additional 4,064 shares during the period. Ausdal Financial Partners Inc. grew its stake in Calamos CEF Income & Arbitrage ETF by 12.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 13,345 shares of the company’s stock valued at $380,000 after purchasing an additional 1,505 shares during the period. Finally, Truist Financial Corp increased its position in shares of Calamos CEF Income & Arbitrage ETF by 10.2% during the 2nd quarter. Truist Financial Corp now owns 37,021 shares of the company’s stock valued at $1,054,000 after purchasing an additional 3,441 shares during the last quarter.

Calamos CEF Income & Arbitrage ETF Stock Performance

Shares of NYSEARCA:CCEF traded up $0.07 during midday trading on Friday, hitting $28.83. 6,122 shares of the stock were exchanged, compared to its average volume of 4,484. The business’s 50-day moving average price is $28.67 and its 200 day moving average price is $28.58. Calamos CEF Income & Arbitrage ETF has a 12 month low of $24.03 and a 12 month high of $29.20.

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.