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

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CSQ. Sanctuary Advisors LLC bought a new position in shares of Calamos Strategic Total Return Fund during the second quarter worth about $2,973,000. Cetera Investment Advisers increased its position in Calamos Strategic Total Return Fund by 6.5% in the 2nd quarter. Cetera Investment Advisers now owns 542,346 shares of the investment management company’s stock valued at $9,133,000 after buying an additional 32,974 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Calamos Strategic Total Return Fund by 44.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,444 shares of the investment management company’s stock worth $142,000 after buying an additional 2,579 shares during the period. NewEdge Advisors LLC boosted its holdings in Calamos Strategic Total Return Fund by 1.8% in the second quarter. NewEdge Advisors LLC now owns 60,315 shares of the investment management company’s stock worth $1,016,000 after acquiring an additional 1,077 shares in the last quarter. Finally, Insigneo Advisory Services LLC acquired a new stake in Calamos Strategic Total Return Fund in the second quarter valued at approximately $265,000.

Calamos Strategic Total Return Fund Trading Up 0.1 %

CSQ stock opened at $17.27 on Friday. The company has a 50 day simple moving average of $16.75 and a 200 day simple moving average of $16.50. Calamos Strategic Total Return Fund has a 1 year low of $12.50 and a 1 year high of $17.61.

Calamos Strategic Total Return Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Friday, September 13th were given a $0.102 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.22 annualized dividend and a 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.