Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Increases By 57.4%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 41,688 shares, a growth of 57.4% from the December 15th total of 26,490 shares. Based on an average trading volume of 144,242 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 144,242 shares, the days-to-cover ratio is currently 0.3 days.

Calamos Global Dynamic Income Fund Trading Up 0.1%

Shares of NASDAQ:CHW traded up $0.01 during trading on Friday, reaching $7.84. The company had a trading volume of 28,075 shares, compared to its average volume of 194,491. Calamos Global Dynamic Income Fund has a fifty-two week low of $5.35 and a fifty-two week high of $7.90. The stock’s fifty day moving average price is $7.40 and its 200 day moving average price is $7.39.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.05 per share. The ex-dividend date was Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC lifted its position in Calamos Global Dynamic Income Fund by 23.5% in the third quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock valued at $54,000 after purchasing an additional 1,371 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in shares of Calamos Global Dynamic Income Fund in the second quarter valued at approximately $99,000. Concurrent Investment Advisors LLC acquired a new position in Calamos Global Dynamic Income Fund during the second quarter worth $103,000. Valeo Financial Advisors LLC acquired a new position in Calamos Global Dynamic Income Fund during the third quarter worth $106,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in Calamos Global Dynamic Income Fund in the second quarter valued at $127,000.

About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.