Calamos Laddered S&P 500 Structured Alt Protection ETF (BATS:CPSL) Sees Large Growth in Short Interest

Calamos Laddered S&P 500 Structured Alt Protection ETF (BATS:CPSL) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 42,943 shares, an increase of 369.8% from the August 15th total of 9,140 shares. Currently, 1.4% of the company’s shares are short sold. Based on an average trading volume of 42,177 shares, the days-to-cover ratio is currently 1.0 days.

Calamos Laddered S&P 500 Structured Alt Protection ETF Price Performance

Calamos Laddered S&P 500 Structured Alt Protection ETF stock opened at $28.28 on Friday. The company’s 50 day simple moving average is $28.16 and its 200 day simple moving average is $27.82. Calamos Laddered S&P 500 Structured Alt Protection ETF has a fifty-two week low of $26.73 and a fifty-two week high of $28.40.

Hedge Funds Weigh In On Calamos Laddered S&P 500 Structured Alt Protection ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Burkett Financial Services LLC grew its holdings in shares of Calamos Laddered S&P 500 Structured Alt Protection ETF by 2.6% in the 2nd quarter. Burkett Financial Services LLC now owns 759,599 shares of the company’s stock valued at $21,208,000 after buying an additional 19,289 shares during the period. Worth Asset Management LLC raised its stake in Calamos Laddered S&P 500 Structured Alt Protection ETF by 4.5% during the 2nd quarter. Worth Asset Management LLC now owns 69,990 shares of the company’s stock worth $1,954,000 after buying an additional 2,996 shares during the period. Finally, Continuum Advisory LLC acquired a new stake in Calamos Laddered S&P 500 Structured Alt Protection ETF during the 2nd quarter worth $28,000.

Calamos Laddered S&P 500 Structured Alt Protection ETF Company Profile

The Calamos Laddered S&P 500 Structured Alt Protection ETF (CPSL) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that invests in an equal-weighted, laddered portfolio of Calamos S&P 500 Structured Alt Protection ETFs. The fund targets specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust (SPY). CPSL was launched on Sep 9, 2024 and is issued by Calamos.