Calamos Convertible and High Income Fund (NASDAQ:CHY – Get Free Report) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 54,100 shares, a drop of 68.4% from the February 29th total of 171,300 shares. Based on an average daily volume of 132,000 shares, the days-to-cover ratio is presently 0.4 days.
Calamos Convertible and High Income Fund Trading Down 0.4 %
Shares of NASDAQ:CHY traded down $0.05 during trading on Thursday, hitting $11.81. The stock had a trading volume of 245,168 shares, compared to its average volume of 131,672. Calamos Convertible and High Income Fund has a 12-month low of $9.97 and a 12-month high of $12.16. The stock has a 50-day simple moving average of $11.88 and a two-hundred day simple moving average of $11.53.
Calamos Convertible and High Income Fund Dividend Announcement
The company also recently declared a monthly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 14th were paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.16%. The ex-dividend date was Wednesday, March 13th.
Institutional Trading of Calamos Convertible and High Income Fund
About Calamos Convertible and High Income Fund
Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.
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