Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Short Interest Down 22.1% in February

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 90,400 shares, a decline of 22.1% from the February 13th total of 116,000 shares. Based on an average daily volume of 189,100 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Calamos Convertible Opportunities and Income Fund

Several hedge funds have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of Calamos Convertible Opportunities and Income Fund during the 3rd quarter worth approximately $47,000. Legacy Wealth Management LLC MS purchased a new stake in shares of Calamos Convertible Opportunities and Income Fund in the fourth quarter valued at about $590,000. MML Investors Services LLC increased its stake in shares of Calamos Convertible Opportunities and Income Fund by 18.9% during the 3rd quarter. MML Investors Services LLC now owns 13,853 shares of the company’s stock worth $161,000 after purchasing an additional 2,205 shares in the last quarter. Sanctuary Advisors LLC increased its stake in shares of Calamos Convertible Opportunities and Income Fund by 5.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 91,751 shares of the company’s stock worth $1,111,000 after purchasing an additional 5,128 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Calamos Convertible Opportunities and Income Fund by 8.2% during the 3rd quarter. HighTower Advisors LLC now owns 51,790 shares of the company’s stock worth $602,000 after purchasing an additional 3,912 shares during the last quarter.

Calamos Convertible Opportunities and Income Fund Stock Up 0.3 %

CHI stock opened at $10.07 on Monday. The business’s 50-day moving average is $11.03 and its two-hundred day moving average is $11.51. Calamos Convertible Opportunities and Income Fund has a 1 year low of $9.85 and a 1 year high of $12.33.

Calamos Convertible Opportunities and Income Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.095 per share. The ex-dividend date is Thursday, March 13th.

About Calamos Convertible Opportunities and Income Fund

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.