Short Interest in Calamos Strategic Total Return Fund (NASDAQ:CSQ) Rises By 51.2%

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 32,800 shares, an increase of 51.2% from the August 31st total of 21,700 shares. Based on an average trading volume of 184,100 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Calamos Strategic Total Return Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Cornerstone Advisors LLC raised its stake in shares of Calamos Strategic Total Return Fund by 96.6% in the second quarter. Cornerstone Advisors LLC now owns 976,720 shares of the investment management company’s stock worth $16,448,000 after purchasing an additional 479,973 shares during the last quarter. Cetera Investment Advisers raised its position in Calamos Strategic Total Return Fund by 6.5% in the 2nd quarter. Cetera Investment Advisers now owns 542,346 shares of the investment management company’s stock worth $9,133,000 after buying an additional 32,974 shares during the last quarter. Cetera Advisors LLC lifted its stake in Calamos Strategic Total Return Fund by 5.5% during the 1st quarter. Cetera Advisors LLC now owns 389,919 shares of the investment management company’s stock valued at $6,383,000 after acquiring an additional 20,214 shares during the period. Apollon Wealth Management LLC lifted its stake in Calamos Strategic Total Return Fund by 6.6% during the 2nd quarter. Apollon Wealth Management LLC now owns 388,816 shares of the investment management company’s stock valued at $6,548,000 after acquiring an additional 24,188 shares during the period. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of Calamos Strategic Total Return Fund by 1,545.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 207,342 shares of the investment management company’s stock valued at $35,000 after acquiring an additional 194,742 shares during the last quarter.

Calamos Strategic Total Return Fund Stock Down 0.3 %

Shares of Calamos Strategic Total Return Fund stock traded down $0.06 during trading on Friday, hitting $17.20. The company’s stock had a trading volume of 71,975 shares, compared to its average volume of 196,044. Calamos Strategic Total Return Fund has a 52 week low of $12.50 and a 52 week high of $17.61. The company has a fifty day simple moving average of $16.74 and a two-hundred day simple moving average of $16.50.

Calamos Strategic Total Return Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Friday, September 13th were given a $0.102 dividend. This represents a $1.22 annualized dividend and a dividend yield of 7.12%. The ex-dividend date was Friday, September 13th.

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.