Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) Short Interest Update
by Scott Moore · The Cerbat GemCalamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF – Get Free Report) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 12,842 shares, a growth of 112.6% from the April 15th total of 6,041 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,455 shares, the short-interest ratio is currently 3.7 days.
Calamos CEF Income & Arbitrage ETF Stock Down 0.4%
Shares of CCEF stock traded down $0.13 during trading hours on Monday, reaching $29.19. 2,010 shares of the stock traded hands, compared to its average volume of 5,247. Calamos CEF Income & Arbitrage ETF has a 1-year low of $27.20 and a 1-year high of $30.02. The business has a fifty day moving average price of $28.78 and a 200 day moving average price of $28.99.
Calamos CEF Income & Arbitrage ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.2074 per share. This is an increase from Calamos CEF Income & Arbitrage ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date was Monday, March 2nd.
Institutional Investors Weigh In On Calamos CEF Income & Arbitrage ETF
A number of large investors have recently made changes to their positions in CCEF. Fearless Solutions LLC dba Best Invest purchased a new position in Calamos CEF Income & Arbitrage ETF during the 4th quarter valued at about $549,000. Aurora Private Wealth Inc. purchased a new position in Calamos CEF Income & Arbitrage ETF during the 4th quarter valued at about $742,000. Steward Partners Investment Advisory LLC grew its stake in Calamos CEF Income & Arbitrage ETF by 318.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,365 shares of the company’s stock valued at $241,000 after acquiring an additional 6,365 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Calamos CEF Income & Arbitrage ETF by 12.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 63,127 shares of the company’s stock valued at $1,819,000 after acquiring an additional 7,001 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in Calamos CEF Income & Arbitrage ETF during the 4th quarter valued at about $30,000.
Calamos CEF Income & Arbitrage ETF Company Profile
The Calamos CEF Income & Arbitrage ETF (CCEF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that invests in income-producing closed-end funds trading at attractive discounts. The fund seeks to deliver high current income and long-term capital appreciation. CCEF was launched on Jan 16, 2024 and is issued by Calamos.