Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Increases By 214.8%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 22,579 shares, an increase of 214.8% from the April 15th total of 7,172 shares. Based on an average trading volume of 188,310 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CHW. Parallel Advisors LLC lifted its stake in Calamos Global Dynamic Income Fund by 23.5% in the 3rd quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock valued at $54,000 after buying an additional 1,371 shares in the last quarter. Leigh Baldwin & CO. LLC purchased a new position in Calamos Global Dynamic Income Fund in the 4th quarter valued at about $74,000. Capital Financial Group Inc. Co. ADV purchased a new position in Calamos Global Dynamic Income Fund in the 1st quarter valued at about $76,000. Valeo Financial Advisors LLC purchased a new position in Calamos Global Dynamic Income Fund in the 3rd quarter valued at about $106,000. Finally, Retirement Planning Group LLC purchased a new position in Calamos Global Dynamic Income Fund in the 1st quarter valued at about $111,000.

Calamos Global Dynamic Income Fund Trading Down 2.9%

Shares of CHW stock traded down $0.26 during mid-day trading on Friday, hitting $8.64. 253,518 shares of the stock were exchanged, compared to its average volume of 197,460. The firm has a fifty day moving average of $7.87 and a 200 day moving average of $7.73. Calamos Global Dynamic Income Fund has a 52-week low of $6.69 and a 52-week high of $8.93.

Calamos Global Dynamic Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.05 per share. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Thursday, May 14th.

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.