Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Up 111.2% in June

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 24,626 shares, an increase of 111.2% from the May 31st total of 11,659 shares. Based on an average trading volume of 228,286 shares, the days-to-cover ratio is currently 0.1 days.

Calamos Strategic Total Return Fund Trading Up 0.3%

Shares of NASDAQ:CSQ opened at $20.61 on Thursday. The firm’s fifty day moving average is $20.12 and its 200-day moving average is $19.25. Calamos Strategic Total Return Fund has a 52 week low of $16.41 and a 52 week high of $20.82.

Calamos Strategic Total Return Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 14th will be given a dividend of $0.135 per share. The ex-dividend date of this dividend is Tuesday, July 14th. This represents a c) annualized dividend and a yield of 7.9%. This is an increase from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.12.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC raised its position 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 acquiring an additional 5,059 shares during the last quarter. Jane Street Group LLC bought a new stake in Calamos Strategic Total Return Fund in the first quarter valued at approximately $213,000. Creative Planning bought a new stake in Calamos Strategic Total Return Fund in the second quarter valued at approximately $187,000. Northwestern Mutual Wealth Management Co. increased its position in Calamos Strategic Total Return Fund by 101.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,324 shares of the investment management company’s stock valued at $115,000 after purchasing an additional 3,184 shares during the period. Finally, Invesco Ltd. increased its position in Calamos Strategic Total Return Fund by 8.3% during the 2nd quarter. Invesco Ltd. now owns 107,541 shares of the investment management company’s stock valued at $1,962,000 after purchasing an additional 8,232 shares during the period.

About Calamos Strategic Total Return Fund

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