Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Short Interest Up 1,022.7% in March

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,684 shares, a growth of 1,022.7% from the February 26th total of 150 shares. Based on an average trading volume of 2,673 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 2,673 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. IFP Advisors Inc grew its holdings in Calamos Nasdaq Equity & Income ETF by 6.1% during the fourth quarter. IFP Advisors Inc now owns 23,973 shares of the company’s stock worth $714,000 after acquiring an additional 1,370 shares during the period. Mutual Advisors LLC raised its position in Calamos Nasdaq Equity & Income ETF by 3.8% in the fourth quarter. Mutual Advisors LLC now owns 310,729 shares of the company’s stock worth $9,251,000 after acquiring an additional 11,417 shares in the last quarter. Calamos Wealth Management LLC lifted its holdings in Calamos Nasdaq Equity & Income ETF by 252.0% in the 4th quarter. Calamos Wealth Management LLC now owns 134,448 shares of the company’s stock valued at $4,003,000 after acquiring an additional 96,255 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in Calamos Nasdaq Equity & Income ETF in the 4th quarter valued at about $109,000. Finally, Brookwood Investment Group LLC grew its stake in shares of Calamos Nasdaq Equity & Income ETF by 25.8% in the 4th quarter. Brookwood Investment Group LLC now owns 14,856 shares of the company’s stock worth $442,000 after purchasing an additional 3,044 shares during the last quarter.

Calamos Nasdaq Equity & Income ETF Stock Performance

CANQ traded down $0.11 during trading on Tuesday, reaching $27.83. The stock had a trading volume of 565 shares, compared to its average volume of 10,301. Calamos Nasdaq Equity & Income ETF has a 1-year low of $25.11 and a 1-year high of $31.60. The stock has a 50 day moving average of $29.25 and a two-hundred day moving average of $29.86.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were paid a $0.11 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.