Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Posted by Andrew Walz on Mar 13th, 2025

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD – Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $23.88 and traded as low as $21.59. Calamos Dynamic Convertible and Income Fund shares last traded at $21.77, with a volume of 39,804 shares changing hands.

Calamos Dynamic Convertible and Income Fund Trading Up 0.5 %

The stock’s 50 day simple moving average is $23.88 and its two-hundred day simple moving average is $24.24.

Calamos Dynamic Convertible and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 13th will be given a dividend of $0.195 per share. This represents a $2.34 annualized dividend and a dividend yield of 10.75%. The ex-dividend date is Thursday, March 13th.

Institutional Investors Weigh In On Calamos Dynamic Convertible and Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in CCD. Wilmington Savings Fund Society FSB bought a new stake in shares of Calamos Dynamic Convertible and Income Fund during the third quarter valued at approximately $30,000. Westside Investment Management Inc. bought a new stake in shares of Calamos Dynamic Convertible and Income Fund during the fourth quarter valued at approximately $41,000. ORG Partners LLC bought a new stake in shares of Calamos Dynamic Convertible and Income Fund during the fourth quarter valued at approximately $46,000. Eastern Bank bought a new stake in shares of Calamos Dynamic Convertible and Income Fund during the fourth quarter valued at approximately $47,000. Finally, GWN Securities Inc. bought a new stake in shares of Calamos Dynamic Convertible and Income Fund during the fourth quarter valued at approximately $208,000.

About Calamos Dynamic Convertible and Income Fund

(Get Free Report)

Calamos Dynamic Convertible 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 portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.