Short Interest in Calamos Strategic Total Return Fund (NASDAQ:CSQ) Expands By 51.2%

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 32,800 shares, a growth of 51.2% from the August 31st total of 21,700 shares. Based on an average daily volume of 184,100 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

A number of hedge funds have recently modified their holdings of CSQ. Fortis Group Advisors LLC lifted its holdings in Calamos Strategic Total Return Fund by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,000 shares of the investment management company’s stock valued at $30,000 after purchasing an additional 1,000 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in Calamos Strategic Total Return Fund by 1,545.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 207,342 shares of the investment management company’s stock worth $35,000 after buying an additional 194,742 shares during the period. Larson Financial Group LLC purchased a new position in Calamos Strategic Total Return Fund in the 2nd quarter valued at approximately $40,000. Jones Financial Companies Lllp bought a new stake in Calamos Strategic Total Return Fund during the 4th quarter valued at $45,000. Finally, Fairscale Capital LLC purchased a new stake in shares of Calamos Strategic Total Return Fund during the second quarter worth $59,000.

Calamos Strategic Total Return Fund Stock Performance

CSQ opened at $17.27 on Friday. Calamos Strategic Total Return Fund has a fifty-two week low of $12.50 and a fifty-two week high of $17.61. The firm has a 50-day moving average of $16.75 and a 200 day moving average of $16.50.

Calamos Strategic Total Return Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Friday, September 13th were paid a dividend of $0.102 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.22 annualized dividend and a dividend yield of 7.09%.

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.