Short Interest in Calamos Strategic Total Return Fund (NASDAQ:CSQ) Expands By 239.4%

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 43,100 shares, a growth of 239.4% from the September 30th total of 12,700 shares. Based on an average daily volume of 186,800 shares, the days-to-cover ratio is currently 0.2 days.

Calamos Strategic Total Return Fund Stock Up 0.2 %

Shares of CSQ stock traded up $0.03 during trading hours on Friday, hitting $17.60. The company’s stock had a trading volume of 208,150 shares, compared to its average volume of 196,153. The business has a fifty day moving average of $17.15 and a 200-day moving average of $16.69. Calamos Strategic Total Return Fund has a twelve month low of $12.50 and a twelve month high of $17.83.

Calamos Strategic Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th were paid a dividend of $0.102 per share. This represents a $1.22 annualized dividend and a dividend yield of 6.95%. The ex-dividend date was Tuesday, October 15th.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

Several institutional investors and hedge funds have recently modified their holdings of CSQ. Cetera Investment Advisers raised its stake in Calamos Strategic Total Return Fund by 3,229.9% during the first quarter. Cetera Investment Advisers now owns 509,372 shares of the investment management company’s stock worth $8,338,000 after purchasing an additional 494,075 shares during the period. Cornerstone Advisors LLC raised its stake in Calamos Strategic Total Return Fund by 96.6% during 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 period. International Assets Investment Management LLC raised its stake in Calamos Strategic Total Return Fund by 1,346.9% during the third quarter. International Assets Investment Management LLC now owns 261,395 shares of the investment management company’s stock worth $45,350,000 after purchasing an additional 243,329 shares during the period. Strategic Financial Concepts LLC raised its stake in Calamos Strategic Total Return Fund by 1,545.6% during the second quarter. Strategic Financial Concepts LLC now owns 207,342 shares of the investment management company’s stock worth $35,000 after purchasing an additional 194,742 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in Calamos Strategic Total Return Fund during the second quarter worth approximately $2,973,000.

About Calamos Strategic Total Return Fund

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.