Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Declines By 53.4%

Calamos Global Dynamic Income Fund (NASDAQ:CHWGet Free Report) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 26,490 shares, a drop of 53.4% from the November 30th total of 56,803 shares. Based on an average trading volume of 149,539 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 149,539 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. increased its position in Calamos Global Dynamic Income Fund by 239.2% during the first quarter. Invesco Ltd. now owns 98,945 shares of the investment management company’s stock worth $632,000 after acquiring an additional 69,775 shares during the period. Landscape Capital Management L.L.C. grew its position in Calamos Global Dynamic Income Fund by 20.9% in the 1st quarter. Landscape Capital Management L.L.C. now owns 73,833 shares of the investment management company’s stock worth $472,000 after purchasing an additional 12,758 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of Calamos Global Dynamic Income Fund by 0.5% during the 1st quarter. Baird Financial Group Inc. now owns 1,220,946 shares of the investment management company’s stock valued at $7,802,000 after purchasing an additional 5,604 shares during the period. Royal Bank of Canada increased its position in shares of Calamos Global Dynamic Income Fund by 91.7% during the 1st quarter. Royal Bank of Canada now owns 246,847 shares of the investment management company’s stock valued at $1,577,000 after purchasing an additional 118,085 shares during the last quarter. Finally, First Manhattan CO. LLC. purchased a new stake in shares of Calamos Global Dynamic Income Fund during the first quarter valued at approximately $67,000.

Calamos Global Dynamic Income Fund Trading Up 0.4%

Shares of CHW traded up $0.03 during mid-day trading on Friday, reaching $7.47. The company had a trading volume of 132,586 shares, compared to its average volume of 178,628. Calamos Global Dynamic Income Fund has a twelve month low of $5.35 and a twelve month high of $7.86. The company’s 50-day moving average is $7.41 and its 200-day moving average is $7.32.

Calamos Global Dynamic Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 9th. Investors of record on Tuesday, December 30th will be given a $0.05 dividend. The ex-dividend date is Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%.

About Calamos Global Dynamic Income Fund

(Get Free Report)

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.

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