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

Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 12,842 shares, an increase of 112.6% from the April 15th total of 6,041 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,455 shares, the short-interest ratio is presently 3.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new stake in shares of Calamos CEF Income & Arbitrage ETF during the fourth quarter valued at $30,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Calamos CEF Income & Arbitrage ETF during the 1st quarter worth about $51,000. Capital Analysts LLC grew its stake in Calamos CEF Income & Arbitrage ETF by 29.6% during the 4th quarter. Capital Analysts LLC now owns 3,792 shares of the company’s stock valued at $109,000 after purchasing an additional 867 shares during the last quarter. William Mack & Associates Inc. acquired a new position in shares of Calamos CEF Income & Arbitrage ETF in the fourth quarter valued at about $219,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of Calamos CEF Income & Arbitrage ETF by 318.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,365 shares of the company’s stock valued at $241,000 after purchasing an additional 6,365 shares during the period.

Calamos CEF Income & Arbitrage ETF Stock Performance

Shares of NYSEARCA:CCEF opened at $29.32 on Friday. Calamos CEF Income & Arbitrage ETF has a fifty-two week low of $27.20 and a fifty-two week high of $30.02. The firm has a fifty day moving average price of $28.78 and a 200 day moving average price of $28.99.

Calamos CEF Income & Arbitrage ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.2074 per share. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date was Monday, March 2nd. This is a positive change from Calamos CEF Income & Arbitrage ETF’s previous monthly dividend of $0.20.

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.