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 decrease in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 0.2 days.

Calamos Alternative Nasdaq & Bond ETF Stock Down 0.5 %

Calamos Alternative Nasdaq & Bond ETF stock traded down $0.14 during trading hours on Thursday, hitting $27.39. The company had a trading volume of 2,575 shares, compared to its average volume of 1,052. The firm has a 50-day moving average of $27.11 and a 200 day moving average of $26.46. Calamos Alternative Nasdaq & Bond ETF has a one year low of $24.05 and a one year high of $27.90.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 7th. Investors of record on Friday, November 1st were issued a dividend of $0.1316 per share. This is a boost from Calamos Alternative Nasdaq & Bond ETF’s previous monthly dividend of $0.11. This represents a $1.58 annualized dividend and a yield of 5.77%. The ex-dividend date of this dividend 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.