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

Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,400 shares, an increase of 633.3% from the January 31st total of 600 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is currently 1.1 days.

Calamos Alternative Nasdaq & Bond ETF Stock Performance

Shares of NASDAQ:CANQ traded up $0.08 during midday trading on Friday, reaching $28.21. 1,708 shares of the company traded hands, compared to its average volume of 6,072. The firm’s fifty day moving average price is $28.53 and its two-hundred day moving average price is $27.60. Calamos Alternative Nasdaq & Bond ETF has a 12 month low of $24.05 and a 12 month high of $29.74.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

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

Hedge Funds Weigh In On Calamos Alternative Nasdaq & Bond ETF

A hedge fund recently bought a new stake in Calamos Alternative Nasdaq & Bond ETF stock. IFP Advisors Inc bought a new position in Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 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 at the end of the most recent reporting period.

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.