Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Update

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 34,800 shares, a decline of 9.6% from the November 15th total of 38,500 shares. Based on an average daily trading volume, of 195,100 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Strategic Financial Concepts LLC boosted its holdings in shares of 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 acquiring an additional 194,742 shares during the period. Larson Financial Group LLC acquired a new position in Calamos Strategic Total Return Fund in the 2nd quarter valued at $40,000. Truvestments Capital LLC bought a new position in Calamos Strategic Total Return Fund during the 3rd quarter worth $41,000. Fairscale Capital LLC acquired a new stake in shares of Calamos Strategic Total Return Fund during the second quarter worth $59,000. Finally, Rothschild Investment LLC bought a new stake in Calamos Strategic Total Return Fund in the 2nd quarter valued at about $84,000.

Calamos Strategic Total Return Fund Stock Down 0.9 %

Shares of CSQ stock traded down $0.17 on Tuesday, reaching $18.08. The stock had a trading volume of 124,266 shares, compared to its average volume of 196,223. Calamos Strategic Total Return Fund has a 12 month low of $14.49 and a 12 month high of $18.52. The firm’s 50-day moving average is $17.87 and its two-hundred day moving average is $17.20.

Calamos Strategic Total Return Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, December 13th will be issued a $0.1025 dividend. This is an increase from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.10. This represents a $1.23 annualized dividend and a dividend yield of 6.80%. The ex-dividend date is Friday, December 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.