Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) to Issue Dividend of $0.14

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) announced a dividend on Monday, February 2nd, NASDAQ Dividends reports. Stockholders of record on Friday, February 13th will be paid a dividend of 0.14 per share on Monday, February 23rd. The ex-dividend date of this dividend is Friday, February 13th.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Calamos Long/Short Equity & Dynamic Income Term Trust stock traded up $0.05 during mid-day trading on Wednesday, hitting $15.07. The company’s stock had a trading volume of 13,550 shares, compared to its average volume of 72,493. The business has a 50 day moving average price of $14.87 and a 200-day moving average price of $15.57. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $14.50 and a 12 month high of $16.82.

Insider Buying and Selling at Calamos Long/Short Equity & Dynamic Income Term Trust

In related news, Chairman John P. Sr Calamos, Sr. sold 20,000 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $14.60, for a total transaction of $292,000.00. Following the completion of the sale, the chairman directly owned 38,817 shares in the company, valued at $566,728.20. This represents a 34.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Closed End Fund Advisors Inc. purchased a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter worth approximately $2,070,000. Blue Bell Private Wealth Management LLC raised its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 6.2% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 40,014 shares of the company’s stock valued at $585,000 after acquiring an additional 2,345 shares in the last quarter. Stephens Inc. AR lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 24.4% in the fourth quarter. Stephens Inc. AR now owns 62,115 shares of the company’s stock worth $908,000 after acquiring an additional 12,195 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 0.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 221,036 shares of the company’s stock valued at $3,232,000 after acquiring an additional 1,589 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter valued at $578,000.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.