Short Interest in Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) Decreases By 83.3%

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

Calamos Alternative Nasdaq & Bond ETF Stock Performance

Shares of NASDAQ:CANQ traded down $0.13 on Thursday, reaching $27.51. The company’s stock had a trading volume of 47 shares, compared to its average volume of 1,052. The company has a 50-day simple moving average of $26.88 and a 200 day simple moving average of $26.27. Calamos Alternative Nasdaq & Bond ETF has a 52-week low of $24.05 and a 52-week high of $27.90.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 7th. Investors of record on Friday, November 1st were given a $0.1316 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is an increase 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 yield of 5.74%.

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.