Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Drops By 32.4%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 25,982 shares, a drop of 32.4% from the February 12th total of 38,449 shares. Based on an average daily trading volume, of 139,227 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 139,227 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Parallel Advisors LLC boosted its stake in 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 worth $54,000 after buying an additional 1,371 shares in the last quarter. Leigh Baldwin & CO. LLC bought a new position in shares of Calamos Global Dynamic Income Fund during the 4th quarter worth about $74,000. Newbridge Financial Services Group Inc. bought a new position in shares of Calamos Global Dynamic Income Fund during the 2nd quarter worth about $99,000. Valeo Financial Advisors LLC acquired a new stake in shares of Calamos Global Dynamic Income Fund during the 3rd quarter valued at about $106,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Calamos Global Dynamic Income Fund in the second quarter valued at about $145,000.

Calamos Global Dynamic Income Fund Trading Down 2.0%

CHW traded down $0.15 on Friday, hitting $7.39. 76,692 shares of the stock traded hands, compared to its average volume of 181,718. The business has a fifty day moving average price of $7.92 and a two-hundred day moving average price of $7.61. Calamos Global Dynamic Income Fund has a 52 week low of $5.35 and a 52 week high of $8.34.

Calamos Global Dynamic Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.05 per share. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, March 13th.

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.