Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) Short Interest Down 25.1% in March

Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 8,162 shares, a drop of 25.1% from the February 26th total of 10,903 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 7,786 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Calamos CEF Income & Arbitrage ETF

A number of institutional investors have recently added to or reduced their stakes in CCEF. Beacon Financial Advisory LLC raised its holdings in shares of Calamos CEF Income & Arbitrage ETF by 1.2% in the 3rd quarter. Beacon Financial Advisory LLC now owns 90,914 shares of the company’s stock valued at $2,645,000 after acquiring an additional 1,112 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Calamos CEF Income & Arbitrage ETF by 12.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 63,127 shares of the company’s stock worth $1,819,000 after purchasing an additional 7,001 shares during the last quarter. Aurora Private Wealth Inc. purchased a new stake in Calamos CEF Income & Arbitrage ETF in the fourth quarter valued at approximately $742,000. Osaic Holdings Inc. raised its stake in Calamos CEF Income & Arbitrage ETF by 4.1% in the fourth quarter. Osaic Holdings Inc. now owns 22,305 shares of the company’s stock valued at $643,000 after purchasing an additional 875 shares in the last quarter. Finally, Ausdal Financial Partners Inc. lifted its position in Calamos CEF Income & Arbitrage ETF by 26.2% during the fourth quarter. Ausdal Financial Partners Inc. now owns 20,640 shares of the company’s stock valued at $595,000 after purchasing an additional 4,280 shares during the last quarter.

Calamos CEF Income & Arbitrage ETF Trading Up 0.7%

CCEF stock traded up $0.18 during midday trading on Tuesday, reaching $27.72. 224 shares of the company’s stock traded hands, compared to its average volume of 6,222. The company has a 50-day moving average price of $29.22 and a two-hundred day moving average price of $28.95. Calamos CEF Income & Arbitrage ETF has a 52 week low of $24.03 and a 52 week high of $30.02.

Calamos CEF Income & Arbitrage ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were given a $0.2074 dividend. This represents a c) annualized dividend and a dividend yield of 9.0%. This is a boost from Calamos CEF Income & Arbitrage ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, March 2nd.

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.