Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ Holdings Trimmed by Shaker Financial Services LLC

Shaker Financial Services LLC trimmed its position in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 50.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 90,470 shares of the company’s stock after selling 93,553 shares during the period. Shaker Financial Services LLC’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $1,136,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Continuum Advisory LLC bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 2nd quarter worth approximately $93,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter valued at approximately $129,000. Sovran Advisors LLC increased its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 31.3% during the first quarter. Sovran Advisors LLC now owns 16,577 shares of the company’s stock valued at $226,000 after acquiring an additional 3,956 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the first quarter valued at approximately $229,000. Finally, IMC Chicago LLC purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the second quarter valued at approximately $233,000.

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

Calamos Long/Short Equity & Dynamic Income Term Trust stock traded down $0.22 during mid-day trading on Wednesday, reaching $12.49. 50,756 shares of the company’s stock were exchanged, compared to its average volume of 79,184. The business’s fifty day simple moving average is $13.04 and its 200 day simple moving average is $13.18. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of $12.39 and a one year high of $15.80.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Wednesday, October 14th will be paid a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 13.4%. The ex-dividend date is Wednesday, October 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

Calamos Long/Short Equity & Dynamic Income Term Trust is a diversified, closed-end investment fund listed on Nasdaq under the symbol CPZ. The fund seeks to provide investors with total return through a combination of capital appreciation and current income.

CPZ uses a flexible long/short investment strategy focused primarily on equity securities, while also investing in income-producing assets such as corporate bonds, government securities, bank loans and other fixed-income instruments.