Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Expands By 166.4%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 28,500 shares, an increase of 166.4% from the August 15th total of 10,700 shares. Based on an average daily volume of 151,700 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Hedge funds have recently added to or reduced their stakes in the stock. Private Advisor Group LLC lifted its stake in Calamos Global Dynamic Income Fund by 15.7% during the 1st quarter. Private Advisor Group LLC now owns 431,438 shares of the investment management company’s stock valued at $2,809,000 after acquiring an additional 58,555 shares during the period. MRA Advisory Group acquired a new stake in Calamos Global Dynamic Income Fund during the first quarter valued at $107,000. Brookstone Capital Management grew its stake in Calamos Global Dynamic Income Fund by 23.5% in the 1st quarter. Brookstone Capital Management now owns 33,676 shares of the investment management company’s stock valued at $219,000 after acquiring an additional 6,406 shares during the period. Saxony Capital Management LLC raised its position in Calamos Global Dynamic Income Fund by 36.0% during the first quarter. Saxony Capital Management LLC now owns 77,500 shares of the investment management company’s stock worth $505,000 after acquiring an additional 20,500 shares during the period. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in Calamos Global Dynamic Income Fund by 6.8% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 40,914 shares of the investment management company’s stock valued at $238,000 after purchasing an additional 2,600 shares in the last quarter.

Calamos Global Dynamic Income Fund Stock Up 0.3 %

NASDAQ CHW traded up $0.02 during trading hours on Friday, reaching $6.93. The company’s stock had a trading volume of 106,570 shares, compared to its average volume of 182,870. Calamos Global Dynamic Income Fund has a 1 year low of $5.07 and a 1 year high of $7.19. The firm’s 50-day moving average price is $6.90 and its 200-day moving average price is $6.69.

Calamos Global Dynamic Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Friday, September 13th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.60 annualized dividend and a dividend yield of 8.66%.

About Calamos Global Dynamic Income Fund

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.