Short Interest in Calamos Strategic Total Return Fund (NASDAQ:CSQ) Expands By 189.9%

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the target of a large 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 trading volume, of 191,900 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Conning Inc. raised its holdings in Calamos Strategic Total Return Fund by 1.8% in the 3rd quarter. Conning Inc. now owns 50,086 shares of the investment management company’s stock worth $869,000 after purchasing an additional 892 shares during the period. Private Advisor Group LLC raised its holdings in shares of Calamos Strategic Total Return Fund by 18.2% during the third quarter. Private Advisor Group LLC now owns 56,256 shares of the investment management company’s stock valued at $976,000 after acquiring an additional 8,681 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of Calamos Strategic Total Return Fund by 1,346.9% in 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 acquiring an additional 243,329 shares during the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in shares of Calamos Strategic Total Return Fund during the third quarter worth approximately $373,000. Finally, Calton & Associates Inc. acquired a new position in Calamos Strategic Total Return Fund in the 3rd quarter valued at $197,000.

Calamos Strategic Total Return Fund Trading Up 0.6 %

Shares of NASDAQ CSQ traded up $0.12 during trading hours on Friday, hitting $18.47. 35,222 shares of the stock were exchanged, compared to its average volume of 182,402. Calamos Strategic Total Return Fund has a 12 month low of $15.22 and a 12 month high of $18.55. The firm has a fifty day moving average price of $18.05 and a 200-day moving average price of $17.45.

Calamos Strategic Total Return Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were issued a $0.1025 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 6.66%.

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.