Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Short Interest Report for October

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 141,065 shares, an increase of 182.7% from the September 30th total of 49,899 shares. Based on an average daily trading volume, of 220,845 shares, the days-to-cover ratio is presently 0.6 days.

Calamos Global Dynamic Income Fund Stock Performance

NASDAQ:CHW opened at $7.75 on Friday. Calamos Global Dynamic Income Fund has a one year low of $6.98 and a one year high of $9.18. The business has a fifty day moving average price of $8.17 and a 200-day moving average price of $8.25.

Calamos Global Dynamic Income Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Wednesday, October 14th were issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend was Wednesday, October 14th.

Insider Transactions at Calamos Global Dynamic Income Fund

In other Calamos Global Dynamic Income Fund news, major shareholder Metlife Investment Management, bought 440,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average cost of $25.00 per share, for a total transaction of $11,000,000.00. Following the completion of the transaction, the insider owned 157,600 shares of the company’s stock, valued at $3,940,000. This represents a -155.81% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Capital Financial Group Inc. Co. ADV purchased a new position in shares of Calamos Global Dynamic Income Fund during the 1st quarter valued at $76,000. Leigh Baldwin & CO. LLC bought a new position in Calamos Global Dynamic Income Fund in the 2nd quarter worth $89,000. Palogic Value Management L.P. bought a new position in Calamos Global Dynamic Income Fund in the 2nd quarter worth $98,000. Retirement Planning Group LLC bought a new position in Calamos Global Dynamic Income Fund in the 1st quarter worth $111,000. Finally, Corient Private Wealth LP purchased a new stake in Calamos Global Dynamic Income Fund in the 2nd quarter worth $120,000.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified closed-end investment fund managed by Calamos Advisors LLC. The fund seeks to provide a high level of current income and, secondarily, total return through a flexible global investment strategy.

The fund invests primarily in income-producing securities issued by companies and governments around the world. Its portfolio may include corporate and government debt, high-yield and emerging-market securities, convertible securities, preferred stocks and dividend-paying common stocks.