Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) Sees Significant Growth in Short Interest

Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 6,700 shares, a growth of 52.3% from the February 13th total of 4,400 shares. Currently, 3.4% of the shares of the company are short sold. Based on an average daily trading volume, of 4,200 shares, the short-interest ratio is currently 1.6 days.

Calamos Alternative Nasdaq & Bond ETF Price Performance

Shares of NASDAQ:CANQ traded up $0.05 during trading on Friday, reaching $26.86. 1,902 shares of the company’s stock traded hands, compared to its average volume of 1,525. The company has a 50-day simple moving average of $28.29 and a 200-day simple moving average of $27.67. Calamos Alternative Nasdaq & Bond ETF has a fifty-two week low of $24.05 and a fifty-two week high of $29.74.

Calamos Alternative Nasdaq & Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were paid a $0.151 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Investors Weigh In On Calamos Alternative Nasdaq & Bond ETF

An institutional investor recently bought a new position in Calamos Alternative Nasdaq & Bond ETF stock. IFP Advisors Inc bought a new stake in Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,012 shares of the company’s stock, valued at approximately $56,000. IFP Advisors Inc owned about 1.01% of Calamos Alternative Nasdaq & Bond ETF as of its most recent SEC filing.

About Calamos Alternative Nasdaq & Bond 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.