Calamos Strategic Total Return Fund (NASDAQ:CSQ) Sees Significant Increase in Short Interest

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 11,659 shares, an increase of 109.8% from the May 14th total of 5,557 shares. Based on an average daily trading volume, of 237,315 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Institutional investors have recently added to or reduced their stakes in the company. Dakota Wealth Management acquired a new stake in Calamos Strategic Total Return Fund in the fourth quarter worth approximately $823,000. Signal Advisors Wealth LLC acquired a new stake in Calamos Strategic Total Return Fund in the fourth quarter worth approximately $247,000. David J Yvars Group lifted its position in Calamos Strategic Total Return Fund by 11.7% in the fourth quarter. David J Yvars Group now owns 31,874 shares of the investment management company’s stock worth $616,000 after purchasing an additional 3,331 shares during the period. Gryphon Financial Partners LLC acquired a new stake in Calamos Strategic Total Return Fund in the fourth quarter worth approximately $556,000. Finally, Polar Asset Management Partners Inc. lifted its position in Calamos Strategic Total Return Fund by 5.4% in the third quarter. Polar Asset Management Partners Inc. now owns 392,794 shares of the investment management company’s stock worth $7,577,000 after purchasing an additional 20,207 shares during the period.

Calamos Strategic Total Return Fund Stock Performance

CSQ stock traded up $0.13 during midday trading on Friday, reaching $20.10. The company had a trading volume of 181,697 shares, compared to its average volume of 264,155. The stock has a 50 day moving average price of $19.62 and a 200 day moving average price of $19.13. Calamos Strategic Total Return Fund has a fifty-two week low of $16.41 and a fifty-two week high of $20.82.

Calamos Strategic Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 12th will be given a dividend of $0.1225 per share. The ex-dividend date is Friday, June 12th. This represents a c) annualized dividend and a dividend yield of 7.3%.

About Calamos Strategic Total Return Fund

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