Calamos Convertible and High Income Fund (NASDAQ:CHY) Short Interest Update

Calamos Convertible and High Income Fund (NASDAQ:CHY) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 124,900 shares, an increase of 56.9% from the November 30th total of 79,600 shares. Based on an average daily trading volume, of 147,200 shares, the short-interest ratio is currently 0.8 days.

Calamos Convertible and High Income Fund Price Performance

Shares of NASDAQ CHY opened at $12.17 on Monday. Calamos Convertible and High Income Fund has a 52 week low of $10.77 and a 52 week high of $12.59. The stock has a 50 day moving average price of $12.17 and a 200 day moving average price of $11.76.

Calamos Convertible and High Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be issued a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 9.86%. The ex-dividend date of this dividend is Monday, December 30th.

Hedge Funds Weigh In On Calamos Convertible and High Income Fund

Institutional investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC bought a new position in shares of Calamos Convertible and High Income Fund in the 2nd quarter valued at about $33,000. US Bancorp DE bought a new position in Calamos Convertible and High Income Fund during the third quarter worth about $42,000. Quad Cities Investment Group LLC acquired a new position in Calamos Convertible and High Income Fund during the third quarter worth approximately $119,000. Insigneo Advisory Services LLC bought a new stake in Calamos Convertible and High Income Fund in the second quarter valued at approximately $125,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Calamos Convertible and High Income Fund in the second quarter valued at approximately $128,000.

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.