Calamos Strategic Total Return Fund (NASDAQ:CSQ) Sees Significant Growth in Short Interest

Calamos Strategic Total Return Fund (NASDAQ:CSQ) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 59,200 shares, an increase of 6.3% from the March 31st total of 55,700 shares. Based on an average daily trading volume, of 215,300 shares, the short-interest ratio is currently 0.3 days.

Calamos Strategic Total Return Fund Trading Down 0.1 %

Shares of Calamos Strategic Total Return Fund stock opened at $15.54 on Thursday. The firm’s 50-day moving average is $15.97 and its 200 day moving average is $15.04. Calamos Strategic Total Return Fund has a 1 year low of $12.50 and a 1 year high of $16.45.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 19th. Investors of record on Friday, April 12th were paid a $0.102 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 7.88%. The ex-dividend date of this dividend was Thursday, April 11th.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

A number of hedge funds have recently bought and sold shares of CSQ. International Assets Investment Management LLC boosted its stake in Calamos Strategic Total Return Fund by 1,387.0% in the 4th quarter. International Assets Investment Management LLC now owns 277,563 shares of the investment management company’s stock worth $41,270,000 after purchasing an additional 258,897 shares in the last quarter. Shaker Financial Services LLC bought a new position in Calamos Strategic Total Return Fund in the 4th quarter worth about $3,779,000. Wells Fargo & Company MN boosted its stake in Calamos Strategic Total Return Fund by 4.2% in the 4th quarter. Wells Fargo & Company MN now owns 2,691,388 shares of the investment management company’s stock worth $40,021,000 after purchasing an additional 107,730 shares in the last quarter. Karpus Management Inc. bought a new position in Calamos Strategic Total Return Fund in the 4th quarter worth about $1,333,000. Finally, Advisors Asset Management Inc. lifted its stake in Calamos Strategic Total Return Fund by 17.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 499,415 shares of the investment management company’s stock valued at $7,027,000 after acquiring an additional 74,446 shares during the period.

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.