Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 32,900 shares, an increase of 176.5% from the December 15th total of 11,900 shares. Based on an average daily volume of 52,400 shares, the days-to-cover ratio is presently 0.6 days.
Calamos Dynamic Convertible and Income Fund stock opened at $29.43 on Friday. Calamos Dynamic Convertible and Income Fund has a fifty-two week low of $28.21 and a fifty-two week high of $34.00. The firm’s 50-day simple moving average is $31.07 and its 200 day simple moving average is $31.16.
The business also recently announced a monthly dividend, which was paid on Friday, January 14th. Shareholders of record on Friday, December 31st were paid a $0.195 dividend. This represents a $2.34 dividend on an annualized basis and a yield of 7.95%. The ex-dividend date of this dividend was Thursday, December 30th.
Calamos Dynamic Convertible and Income Fund Company Profile
Calamos Dynamic Convertible & Income Fund is a closed-end management investment company which engages in the provision of total return through a combination of capital appreciation and current income. The company was founded on March 11, 2014 and is headquartered in Chicago, IL.
Further Reading: Leveraged Buyout (LBO)
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