Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) Short Interest Update

Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 13,239 shares, a drop of 40.8% from the August 15th total of 22,364 shares. Based on an average daily trading volume, of 4,378 shares, the short-interest ratio is presently 3.0 days. Approximately 1.1% of the shares of the stock are short sold.

Calamos CEF Income & Arbitrage ETF Price Performance

Shares of CCEF stock traded down $0.11 during midday trading on Wednesday, reaching $28.99. 1,605 shares of the company traded hands, compared to its average volume of 4,431. The firm’s 50 day simple moving average is $29.71 and its two-hundred day simple moving average is $29.32. Calamos CEF Income & Arbitrage ETF has a 1-year low of $27.54 and a 1-year high of $30.40.

Calamos CEF Income & Arbitrage ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were paid a $0.1948 dividend. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Trading of Calamos CEF Income & Arbitrage ETF

Institutional investors have recently bought and sold shares of the company. Capital Analysts LLC raised its stake in shares of Calamos CEF Income & Arbitrage ETF by 40.5% during the 2nd quarter. Capital Analysts LLC now owns 5,328 shares of the company’s stock worth $159,000 after buying an additional 1,536 shares during the last quarter. IFP Advisors Inc grew its stake in Calamos CEF Income & Arbitrage ETF by 59.0% in the 2nd quarter. IFP Advisors Inc now owns 27,407 shares of the company’s stock valued at $820,000 after acquiring an additional 10,170 shares during the last quarter. Tucker Asset Management LLC acquired a new stake in Calamos CEF Income & Arbitrage ETF in the 2nd quarter valued at about $87,000. Legacy Wealth Managment LLC ID purchased a new position in Calamos CEF Income & Arbitrage ETF during the 2nd quarter valued at about $356,000. Finally, Concurrent Investment Advisors LLC increased its holdings in Calamos CEF Income & Arbitrage ETF by 9.9% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 33,814 shares of the company’s stock valued at $920,000 after acquiring an additional 3,043 shares in the last quarter.

About Calamos CEF Income & Arbitrage ETF

The Calamos CEF Income & Arbitrage ETF (CCEF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that invests in income-producing closed-end funds trading at attractive discounts. The fund seeks to deliver high current income and long-term capital appreciation. CCEF was launched on Jan 16, 2024 and is issued by Calamos.