Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Down 74.7% in June

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 16,276 shares, a drop of 74.7% from the June 15th total of 64,352 shares. Based on an average daily trading volume, of 188,138 shares, the days-to-cover ratio is currently 0.1 days.

Calamos Global Dynamic Income Fund Stock Up 0.1%

Shares of Calamos Global Dynamic Income Fund stock traded up $0.01 during trading on Friday, reaching $8.82. 137,976 shares of the company traded hands, compared to its average volume of 205,499. Calamos Global Dynamic Income Fund has a 1-year low of $6.98 and a 1-year high of $9.18. The company has a 50 day moving average price of $8.78 and a 200-day moving average price of $8.14.

Calamos Global Dynamic Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 14th will be issued a $0.06 dividend. The ex-dividend date is Tuesday, July 14th. This is a positive change from Calamos Global Dynamic Income Fund’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a yield of 8.2%.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC boosted its position in shares of Calamos Global Dynamic Income Fund by 23.5% during the 3rd quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock worth $54,000 after purchasing an additional 1,371 shares in the last quarter. Leigh Baldwin & CO. LLC acquired a new stake in shares of Calamos Global Dynamic Income Fund in the 4th quarter valued at about $74,000. Capital Financial Group Inc. Co. ADV bought a new stake in Calamos Global Dynamic Income Fund in the 1st quarter valued at about $76,000. Retirement Planning Group LLC bought a new stake in Calamos Global Dynamic Income Fund in the 1st quarter valued at about $111,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Calamos Global Dynamic Income Fund during the 2nd quarter worth approximately $145,000.

About Calamos Global Dynamic Income Fund

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.