Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) Sees Large Growth in Short Interest

Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 1,300 shares, a growth of 1,200.0% from the November 15th total of 100 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 1.9 days.

Calamos Alternative Nasdaq & Bond ETF Stock Performance

NASDAQ:CANQ traded up $0.54 during mid-day trading on Wednesday, reaching $28.70. The stock had a trading volume of 314 shares, compared to its average volume of 1,052. The stock has a 50-day simple moving average of $27.29 and a two-hundred day simple moving average of $26.64. Calamos Alternative Nasdaq & Bond ETF has a 12 month low of $24.05 and a 12 month high of $28.70.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, December 2nd were given a $0.1175 dividend. The ex-dividend date was Monday, December 2nd. This is a positive change from Calamos Alternative Nasdaq & Bond ETF’s previous dividend of $0.11.

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.