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

Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,800 shares, an increase of 58.3% from the December 15th total of 2,400 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is currently 4.2 days.

Calamos Alternative Nasdaq & Bond ETF Price Performance

Shares of CANQ stock traded up $0.30 during trading hours on Friday, reaching $28.27. The company’s stock had a trading volume of 251 shares, compared to its average volume of 1,150. Calamos Alternative Nasdaq & Bond ETF has a one year low of $24.05 and a one year high of $29.74. The firm’s fifty day simple moving average is $28.07 and its 200 day simple moving average is $27.09.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.1688 per share. This is an increase from Calamos Alternative Nasdaq & Bond ETF’s previous dividend of $0.12. The ex-dividend date was Monday, December 23rd.

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.