Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Down 88.7% in May

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 5,557 shares, a drop of 88.7% from the April 30th total of 49,277 shares. Based on an average daily trading volume, of 203,329 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CSQ. NewEdge Advisors LLC increased its holdings in Calamos Strategic Total Return Fund by 8.6% in the 1st quarter. NewEdge Advisors LLC now owns 63,650 shares of the investment management company’s stock valued at $1,030,000 after buying an additional 5,059 shares during the period. Jane Street Group LLC bought a new position in shares of Calamos Strategic Total Return Fund during the 1st quarter worth about $213,000. Creative Planning acquired a new stake in shares of Calamos Strategic Total Return Fund during the 2nd quarter valued at about $187,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Calamos Strategic Total Return Fund by 101.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,324 shares of the investment management company’s stock valued at $115,000 after acquiring an additional 3,184 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Calamos Strategic Total Return Fund by 8.3% in the second quarter. Invesco Ltd. now owns 107,541 shares of the investment management company’s stock valued at $1,962,000 after acquiring an additional 8,232 shares during the period.

Calamos Strategic Total Return Fund Stock Performance

Shares of CSQ opened at $20.51 on Thursday. The stock’s 50-day moving average price is $18.93 and its 200 day moving average price is $18.99. Calamos Strategic Total Return Fund has a 12-month low of $16.41 and a 12-month high of $20.60.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th were given a dividend of $0.1225 per share. The ex-dividend date was Thursday, May 14th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%.

Calamos Strategic Total Return Fund Company Profile

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