Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Down 88.7% in May

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 5,557 shares, a drop of 88.7% from the April 30th total of 49,277 shares. Based on an average daily volume of 203,329 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

Several institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its stake in shares of Calamos Strategic Total Return Fund by 8.6% during the first quarter. NewEdge Advisors LLC now owns 63,650 shares of the investment management company’s stock worth $1,030,000 after purchasing an additional 5,059 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Calamos Strategic Total Return Fund in the first quarter valued at about $213,000. Creative Planning acquired a new position in shares of Calamos Strategic Total Return Fund during the second quarter worth about $187,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Calamos Strategic Total Return Fund by 101.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,324 shares of the investment management company’s stock worth $115,000 after acquiring an additional 3,184 shares during the period. Finally, Invesco Ltd. raised its holdings in Calamos Strategic Total Return Fund by 8.3% during the second quarter. Invesco Ltd. now owns 107,541 shares of the investment management company’s stock worth $1,962,000 after purchasing an additional 8,232 shares in the last quarter.

Calamos Strategic Total Return Fund Price Performance

CSQ stock traded up $0.10 during trading on Friday, hitting $20.67. 194,474 shares of the company’s stock were exchanged, compared to its average volume of 267,486. Calamos Strategic Total Return Fund has a 52-week low of $16.41 and a 52-week high of $20.75. The business has a 50-day moving average price of $19.04 and a two-hundred day moving average price of $19.01.

Calamos Strategic Total Return Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were given a $0.1225 dividend. The ex-dividend date was Thursday, May 14th. This represents a c) annualized dividend and a yield of 7.1%.

About Calamos Strategic Total Return Fund

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