Short Interest in Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Decreases By 64.6%

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 278 shares, a decline of 64.6% from the June 15th total of 786 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 869 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CANQ. Waverly Advisors LLC purchased a new position in shares of Calamos Nasdaq Equity & Income ETF in the 1st quarter worth about $28,000. Farther Finance Advisors LLC purchased a new position in Calamos Nasdaq Equity & Income ETF in the fourth quarter worth about $109,000. Osaic Holdings Inc. grew its position in Calamos Nasdaq Equity & Income ETF by 155.4% during the second quarter. Osaic Holdings Inc. now owns 3,778 shares of the company’s stock valued at $109,000 after buying an additional 2,299 shares during the period. Sound Income Strategies LLC bought a new stake in shares of Calamos Nasdaq Equity & Income ETF during the 4th quarter valued at $270,000. Finally, Prosperity Wealth Management Inc. grew its holdings in Calamos Nasdaq Equity & Income ETF by 14.2% during the third quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock valued at $305,000 after purchasing an additional 1,256 shares during the period.

Calamos Nasdaq Equity & Income ETF Stock Performance

Shares of NASDAQ CANQ opened at $30.71 on Monday. Calamos Nasdaq Equity & Income ETF has a 1 year low of $27.36 and a 1 year high of $31.62. The company’s 50-day moving average is $30.72 and its 200 day moving average is $29.74.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, July 1st were issued a $0.114 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

About Calamos Nasdaq Equity & Income ETF

The Calamos Alternative Nasdaq & Bond ETF (CANQ) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide convertible security-like exposure to the NASDAQ-100 Index. The portfolio contains a mix of equity options and fixed income exposure to pursue favorable risk-adjusted returns CANQ was launched on Feb 13, 2024 and is issued by Calamos.