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

Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 200 shares, a decline of 83.3% from the October 15th total of 1,200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 0.4 days.

Calamos Alternative Nasdaq & Bond ETF Trading Down 0.5 %

Shares of Calamos Alternative Nasdaq & Bond ETF stock traded down $0.13 during trading on Thursday, hitting $27.51. The stock had a trading volume of 47 shares, compared to its average volume of 1,052. Calamos Alternative Nasdaq & Bond ETF has a 12 month low of $24.05 and a 12 month high of $27.90. The business’s 50-day moving average is $26.88 and its 200 day moving average is $26.27.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 7th. Stockholders of record on Friday, November 1st were given a $0.1316 dividend. This is a positive change from Calamos Alternative Nasdaq & Bond ETF’s previous monthly dividend of $0.11. This represents a $1.58 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date was Friday, November 1st.

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.