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

Calamos Alternative Nasdaq & Bond ETF (NASDAQ:CANQ) saw a large increase in short interest in 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 Stock Performance

CANQ stock traded up $0.54 during midday trading on Wednesday, hitting $28.12. The company’s stock had a trading volume of 1,325 shares, compared to its average volume of 1,369. Calamos Alternative Nasdaq & Bond ETF has a 52-week low of $24.05 and a 52-week high of $29.74. The firm has a 50-day simple moving average of $28.06 and a 200-day simple moving average of $27.08.

Calamos Alternative Nasdaq & Bond ETF Increases Dividend

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

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.