Calamos Strategic Total Return Fund (NASDAQ:CSQ) Sees Significant Decrease in Short Interest

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 38,500 shares, a decline of 51.1% from the October 31st total of 78,700 shares. Based on an average daily trading volume, of 195,600 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. grew its holdings in Calamos Strategic Total Return Fund by 1.0% during the first quarter. B. Riley Wealth Advisors Inc. now owns 140,459 shares of the investment management company’s stock valued at $2,299,000 after purchasing an additional 1,357 shares during the last quarter. Comerica Bank grew its stake in Calamos Strategic Total Return Fund by 4.9% in the 1st quarter. Comerica Bank now owns 57,373 shares of the investment management company’s stock valued at $939,000 after buying an additional 2,703 shares during the last quarter. Cetera Investment Advisers raised its holdings in Calamos Strategic Total Return Fund by 3,229.9% in the 1st quarter. Cetera Investment Advisers now owns 509,372 shares of the investment management company’s stock worth $8,338,000 after acquiring an additional 494,075 shares during the period. Cetera Advisors LLC lifted its position in Calamos Strategic Total Return Fund by 5.5% during the 1st quarter. Cetera Advisors LLC now owns 389,919 shares of the investment management company’s stock worth $6,383,000 after acquiring an additional 20,214 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Calamos Strategic Total Return Fund by 4.5% during the first quarter. EverSource Wealth Advisors LLC now owns 15,648 shares of the investment management company’s stock valued at $243,000 after acquiring an additional 671 shares during the period.

Calamos Strategic Total Return Fund Trading Down 0.1 %

NASDAQ:CSQ traded down $0.01 during mid-day trading on Thursday, reaching $18.05. The stock had a trading volume of 133,089 shares, compared to its average volume of 198,110. The business’s 50 day moving average is $17.60 and its 200 day moving average is $17.01. Calamos Strategic Total Return Fund has a fifty-two week low of $14.10 and a fifty-two week high of $18.26.

Calamos Strategic Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.102 per share. The ex-dividend date was Wednesday, November 13th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 6.78%.

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.