Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Large Increase in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 131,700 shares, a growth of 48.1% from the February 28th total of 88,900 shares. Based on an average trading volume of 181,200 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Elequin Capital LP acquired a new stake in Calamos Global Dynamic Income Fund in the 4th quarter valued at about $42,000. TD Private Client Wealth LLC acquired a new stake in shares of Calamos Global Dynamic Income Fund in the third quarter valued at approximately $73,000. Apollon Wealth Management LLC bought a new position in Calamos Global Dynamic Income Fund in the 4th quarter worth approximately $79,000. Blue Bell Private Wealth Management LLC acquired a new position in Calamos Global Dynamic Income Fund during the 4th quarter worth $86,000. Finally, Arete Wealth Advisors LLC boosted its position in Calamos Global Dynamic Income Fund by 24.5% in the 3rd quarter. Arete Wealth Advisors LLC now owns 12,688 shares of the investment management company’s stock valued at $91,000 after buying an additional 2,496 shares during the last quarter.

Calamos Global Dynamic Income Fund Trading Down 0.9 %

CHW stock traded down $0.06 during midday trading on Monday, reaching $6.37. 220,616 shares of the company’s stock traded hands, compared to its average volume of 175,530. The company has a 50-day simple moving average of $6.80 and a two-hundred day simple moving average of $6.94. Calamos Global Dynamic Income Fund has a 1-year low of $6.13 and a 1-year high of $7.35.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 9.42%.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.