Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Up 125.4% in August

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 96,952 shares, a growth of 125.4% from the August 15th total of 43,015 shares. Based on an average daily volume of 172,812 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

A number of hedge funds and other institutional investors have recently modified their holdings of CSQ. Assetmark Inc. lifted its holdings in Calamos Strategic Total Return Fund by 162.1% during the first quarter. Assetmark Inc. now owns 1,683 shares of the investment management company’s stock worth $29,000 after acquiring an additional 1,041 shares during the period. Bartlett & CO. Wealth Management LLC raised its stake in shares of Calamos Strategic Total Return Fund by 682.2% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 2,112 shares of the investment management company’s stock worth $36,000 after purchasing an additional 1,842 shares during the period. Arax Advisory Partners boosted its holdings in shares of Calamos Strategic Total Return Fund by 1,613.0% in the 4th quarter. Arax Advisory Partners now owns 3,152 shares of the investment management company’s stock worth $61,000 after buying an additional 2,968 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Calamos Strategic Total Return Fund by 13.0% in the 3rd quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock worth $113,000 after buying an additional 678 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Calamos Strategic Total Return Fund by 101.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,324 shares of the investment management company’s stock valued at $115,000 after buying an additional 3,184 shares during the period.

Calamos Strategic Total Return Fund Trading Down 1.7%

Calamos Strategic Total Return Fund stock traded down $0.35 during trading on Monday, hitting $20.48. 30,563 shares of the company were exchanged, compared to its average volume of 235,756. The business’s 50 day moving average is $20.64 and its 200 day moving average is $19.76. Calamos Strategic Total Return Fund has a 52 week low of $16.41 and a 52 week high of $21.17.

Calamos Strategic Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 21st. Shareholders of record on Monday, September 14th will be paid a $0.135 dividend. The ex-dividend date is Monday, September 14th. This represents a c) annualized dividend and a yield of 7.9%.

Calamos Strategic Total Return Fund Company Profile

Calamos Strategic Total Return Fund (NASDAQ: CSQ) is a diversified, closed-end management investment company advised by Calamos Advisors LLC. The fund seeks to provide total return through a combination of current income and capital appreciation.

To pursue its objective, CSQ invests in a portfolio of equity securities, convertible securities and fixed-income instruments. Its holdings may include investment-grade and below-investment-grade corporate debt, as well as securities issued by companies across a range of industries and market sectors.