Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Up 34.6% in July

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 47,100 shares, an increase of 34.6% from the June 30th total of 35,000 shares. Based on an average daily volume of 179,600 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in shares of Calamos Strategic Total Return Fund by 3,229.9% in the first 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 last quarter. Cornerstone Advisors LLC lifted its holdings in shares of Calamos Strategic Total Return Fund by 1,667.8% in the first quarter. Cornerstone Advisors LLC now owns 496,747 shares of the investment management company’s stock worth $8,132,000 after acquiring an additional 468,647 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Calamos Strategic Total Return Fund by 1,387.0% in the fourth quarter. International Assets Investment Management LLC now owns 277,563 shares of the investment management company’s stock worth $41,270,000 after acquiring an additional 258,897 shares during the last quarter. Shaker Financial Services LLC bought a new position in shares of Calamos Strategic Total Return Fund in the fourth quarter worth about $3,779,000. Finally, Rockport Wealth LLC bought a new position in shares of Calamos Strategic Total Return Fund in the first quarter worth about $2,505,000.

Calamos Strategic Total Return Fund Stock Up 0.1 %

CSQ stock opened at $16.72 on Friday. The company has a fifty day moving average price of $16.79 and a two-hundred day moving average price of $16.14. Calamos Strategic Total Return Fund has a one year low of $12.50 and a one year high of $17.61.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 19th. Investors of record on Friday, July 12th were given a dividend of $0.102 per share. The ex-dividend date of this dividend was Friday, July 12th. This represents a $1.22 annualized dividend and a yield of 7.32%.

Calamos Strategic Total Return Fund Company Profile

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.