Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Short Interest Update

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 210,700 shares, a growth of 13.0% from the November 30th total of 186,500 shares. Based on an average daily trading volume, of 132,500 shares, the days-to-cover ratio is presently 1.6 days.

Calamos Convertible Opportunities and Income Fund Trading Up 1.0 %

Shares of CHI stock traded up $0.12 during trading hours on Monday, hitting $12.15. 170,983 shares of the company were exchanged, compared to its average volume of 156,373. Calamos Convertible Opportunities and Income Fund has a 1 year low of $10.01 and a 1 year high of $12.33. The firm has a fifty day moving average of $11.91 and a 200 day moving average of $11.68.

Calamos Convertible Opportunities and Income Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Monday, December 30th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Calamos Convertible Opportunities and Income Fund in the 3rd quarter valued at about $47,000. US Bancorp DE lifted its position in Calamos Convertible Opportunities and Income Fund by 1,997.6% during the third quarter. US Bancorp DE now owns 4,300 shares of the company’s stock valued at $50,000 after buying an additional 4,095 shares in the last quarter. Larson Financial Group LLC grew its stake in Calamos Convertible Opportunities and Income Fund by 11,441.0% during the third quarter. Larson Financial Group LLC now owns 4,501 shares of the company’s stock worth $52,000 after buying an additional 4,462 shares during the period. Cornerstone Advisors LLC acquired a new stake in shares of Calamos Convertible Opportunities and Income Fund in the third quarter worth $143,000. Finally, MML Investors Services LLC raised its stake in shares of Calamos Convertible Opportunities and Income Fund by 18.9% in the 3rd quarter. MML Investors Services LLC now owns 13,853 shares of the company’s stock valued at $161,000 after acquiring an additional 2,205 shares during the period.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and 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.