Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Up 100.0% in July

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 94,200 shares, an increase of 100.0% from the July 15th total of 47,100 shares. Based on an average daily trading volume, of 184,700 shares, the short-interest ratio is currently 0.5 days.

Calamos Strategic Total Return Fund Trading Up 1.3 %

NASDAQ CSQ traded up $0.21 during trading on Tuesday, reaching $16.30. 83,102 shares of the company’s stock traded hands, compared to its average volume of 200,894. Calamos Strategic Total Return Fund has a 12-month low of $12.50 and a 12-month high of $17.61. The company’s 50 day simple moving average is $16.78 and its two-hundred day simple moving average is $16.25.

Calamos Strategic Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 9th will be issued a dividend of $0.102 per share. This represents a $1.22 annualized dividend and a yield of 7.51%. The ex-dividend date is Friday, August 9th.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

Large investors have recently bought and sold shares of the business. Wells Fargo & Company MN raised its holdings in Calamos Strategic Total Return Fund by 4.2% in the fourth quarter. Wells Fargo & Company MN now owns 2,691,388 shares of the investment management company’s stock worth $40,021,000 after purchasing an additional 107,730 shares in the last quarter. Cornerstone Advisors LLC grew its stake in Calamos Strategic Total Return Fund by 96.6% during the 2nd quarter. Cornerstone Advisors LLC now owns 976,720 shares of the investment management company’s stock valued at $16,448,000 after purchasing an additional 479,973 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Calamos Strategic Total Return Fund by 3,229.9% in the first quarter. Cetera Investment Advisers now owns 509,372 shares of the investment management company’s stock worth $8,338,000 after purchasing an additional 494,075 shares during the last quarter. Cetera Advisors LLC lifted its holdings in shares of Calamos Strategic Total Return Fund by 5.5% during the first quarter. Cetera Advisors LLC now owns 389,919 shares of the investment management company’s stock worth $6,383,000 after purchasing an additional 20,214 shares during the period. Finally, Apollon Wealth Management LLC boosted its position in Calamos Strategic Total Return Fund by 6.6% in the second quarter. Apollon Wealth Management LLC now owns 388,816 shares of the investment management company’s stock valued at $6,548,000 after buying an additional 24,188 shares during the last quarter.

Calamos Strategic Total Return Fund Company Profile

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.