Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) Sees Large Drop in Short Interest

Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 600 shares, a drop of 82.9% from the January 15th total of 3,500 shares. Based on an average trading volume of 3,700 shares, the days-to-cover ratio is presently 0.2 days.

Calamos Alternative Nasdaq & Bond ETF Stock Performance

Shares of Calamos Alternative Nasdaq & Bond ETF stock traded up $0.27 during trading on Thursday, reaching $29.11. 3,526 shares of the stock were exchanged, compared to its average volume of 7,180. Calamos Alternative Nasdaq & Bond ETF has a 1 year low of $24.05 and a 1 year high of $29.74. The stock’s fifty day moving average is $28.50 and its 200 day moving average is $27.35.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 7th. Investors of record on Monday, February 3rd were paid a $0.17 dividend. This is an increase from Calamos Alternative Nasdaq & Bond ETF’s previous dividend of $0.17. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Calamos Alternative Nasdaq & Bond ETF stock. IFP Advisors Inc acquired a new stake in shares of Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,012 shares of the company’s stock, valued at approximately $56,000. IFP Advisors Inc owned approximately 1.01% of Calamos Alternative Nasdaq & Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Calamos Alternative Nasdaq & Bond ETF Company Profile

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.