Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Update

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 34,800 shares, a drop of 9.6% from the November 15th total of 38,500 shares. Based on an average daily trading volume, of 195,100 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Calamos Strategic Total Return Fund

Several hedge funds have recently made changes to their positions in CSQ. Cornerstone Advisors LLC lifted its stake in shares of Calamos Strategic Total Return Fund by 96.6% in the second quarter. Cornerstone Advisors LLC now owns 976,720 shares of the investment management company’s stock valued at $16,448,000 after purchasing an additional 479,973 shares during the period. International Assets Investment Management LLC lifted its position in shares of Calamos Strategic Total Return Fund by 1,346.9% during the 3rd quarter. International Assets Investment Management LLC now owns 261,395 shares of the investment management company’s stock valued at $45,350,000 after acquiring an additional 243,329 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Calamos Strategic Total Return Fund by 1,545.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 207,342 shares of the investment management company’s stock worth $35,000 after acquiring an additional 194,742 shares in the last quarter. Shaker Financial Services LLC grew its holdings in shares of Calamos Strategic Total Return Fund by 135.2% in the 3rd quarter. Shaker Financial Services LLC now owns 336,742 shares of the investment management company’s stock worth $5,842,000 after acquiring an additional 193,589 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in Calamos Strategic Total Return Fund in the 2nd quarter valued at approximately $2,973,000.

Calamos Strategic Total Return Fund Price Performance

Shares of NASDAQ CSQ opened at $18.18 on Friday. The business has a 50-day moving average price of $17.85 and a 200 day moving average price of $17.18. Calamos Strategic Total Return Fund has a 52-week low of $14.49 and a 52-week high of $18.52.

Calamos Strategic Total Return Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, December 13th will be given a dividend of $0.1025 per share. This represents a $1.23 dividend on an annualized basis and a yield of 6.77%. This is a boost from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.10. The ex-dividend date is Friday, December 13th.

About Calamos Strategic Total Return Fund

Calamos Strategic Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.