Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Significant Decrease in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 10,566 shares, a decrease of 53.2% from the April 30th total of 22,579 shares. Based on an average daily trading volume, of 183,922 shares, the days-to-cover ratio is presently 0.1 days.

Calamos Global Dynamic Income Fund Stock Performance

NASDAQ CHW traded up $0.06 during trading hours on Tuesday, hitting $9.15. 168,422 shares of the company’s stock were exchanged, compared to its average volume of 199,035. The business’s 50 day moving average is $8.15 and its 200-day moving average is $7.83. Calamos Global Dynamic Income Fund has a 12-month low of $6.75 and a 12-month high of $9.16.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, June 22nd. Investors of record on Friday, June 12th will be given a dividend of $0.05 per share. The ex-dividend date is Friday, June 12th. This represents a c) annualized dividend and a yield of 6.6%.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Several large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its stake in Calamos Global Dynamic Income Fund by 23.5% during the third quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock worth $54,000 after acquiring an additional 1,371 shares during the last quarter. Leigh Baldwin & CO. LLC acquired a new stake in Calamos Global Dynamic Income Fund during the 4th quarter valued at approximately $74,000. Capital Financial Group Inc. Co. ADV acquired a new stake in Calamos Global Dynamic Income Fund during the 1st quarter valued at approximately $76,000. Valeo Financial Advisors LLC acquired a new stake in Calamos Global Dynamic Income Fund during the 3rd quarter valued at approximately $106,000. Finally, Retirement Planning Group LLC acquired a new position in Calamos Global Dynamic Income Fund in the first quarter worth $111,000.

Calamos Global Dynamic Income Fund Company Profile

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.