Calamos Strategic Total Return Fund (NASDAQ:CSQ) Short Interest Up 189.9% in January

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 74,500 shares, a growth of 189.9% from the December 31st total of 25,700 shares. Based on an average daily volume of 191,900 shares, the days-to-cover ratio is currently 0.4 days.

Calamos Strategic Total Return Fund Price Performance

Shares of NASDAQ CSQ traded down $0.07 during mid-day trading on Wednesday, reaching $18.20. The company’s stock had a trading volume of 101,175 shares, compared to its average volume of 187,634. Calamos Strategic Total Return Fund has a 1-year low of $15.22 and a 1-year high of $18.55. The stock has a 50-day moving average of $18.03 and a two-hundred day moving average of $17.44.

Calamos Strategic Total Return Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were given a dividend of $0.1025 per share. The ex-dividend date was Monday, December 30th. This represents a $1.23 dividend on an annualized basis and a yield of 6.76%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CSQ. MassMutual Private Wealth & Trust FSB purchased a new position in Calamos Strategic Total Return Fund in the fourth quarter worth approximately $27,000. Truvestments Capital LLC acquired a new position in shares of Calamos Strategic Total Return Fund in the 3rd quarter valued at $41,000. Larson Financial Group LLC grew its holdings in shares of Calamos Strategic Total Return Fund by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 8,000 shares of the investment management company’s stock worth $139,000 after purchasing an additional 5,600 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Calamos Strategic Total Return Fund by 44.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,444 shares of the investment management company’s stock worth $142,000 after purchasing an additional 2,579 shares during the last quarter. Finally, US Bancorp DE raised its holdings in Calamos Strategic Total Return Fund by 317.2% in the 3rd quarter. US Bancorp DE now owns 9,425 shares of the investment management company’s stock valued at $164,000 after buying an additional 7,166 shares during the period.

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.