Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Large Decrease in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 10,566 shares, a decrease of 53.2% from the April 30th total of 22,579 shares. Based on an average daily volume of 183,922 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

Hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC raised its holdings in shares of Calamos Global Dynamic Income Fund by 23.5% during the third 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 during the last quarter. Leigh Baldwin & CO. LLC bought a new stake in Calamos Global Dynamic Income Fund during the fourth quarter worth approximately $74,000. Capital Financial Group Inc. Co. ADV bought a new stake in Calamos Global Dynamic Income Fund during the first quarter worth approximately $76,000. Valeo Financial Advisors LLC bought a new stake in Calamos Global Dynamic Income Fund during the third quarter worth approximately $106,000. Finally, Retirement Planning Group LLC bought a new stake in Calamos Global Dynamic Income Fund during the first quarter worth approximately $111,000.

Calamos Global Dynamic Income Fund Stock Performance

Shares of CHW traded down $0.05 during mid-day trading on Monday, reaching $9.08. 201,713 shares of the company’s stock traded hands, compared to its average volume of 199,003. The business’s 50-day moving average price is $8.11 and its 200-day moving average price is $7.82. Calamos Global Dynamic Income Fund has a 12 month low of $6.72 and a 12 month high of $9.15.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th were issued a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend was 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.