Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Up 40.9% in August

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 21,700 shares, a growth of 40.9% from the August 15th total of 15,400 shares. Based on an average daily volume of 181,500 shares, the days-to-cover ratio is presently 0.1 days.

Calamos Strategic Total Return Fund Stock Down 0.3 %

Calamos Strategic Total Return Fund stock traded down $0.05 during trading hours on Monday, reaching $16.79. 39,338 shares of the stock were exchanged, compared to its average volume of 195,174. The firm’s 50 day moving average is $16.76 and its 200 day moving average is $16.43. Calamos Strategic Total Return Fund has a 52-week low of $12.50 and a 52-week high of $17.61.

Calamos Strategic Total Return Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 18th. Shareholders of record on Friday, September 13th will be given a dividend of $0.102 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.22 annualized dividend and a yield of 7.29%.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

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

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.