Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Short Interest Update

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 36,197 shares, a drop of 38.6% from the December 15th total of 58,980 shares. Based on an average trading volume of 83,365 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 83,365 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Calamos Dynamic Convertible and Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. PMG Family Office LLC purchased a new position in shares of Calamos Dynamic Convertible and Income Fund in the third quarter valued at $1,428,000. Triumph Capital Management purchased a new stake in Calamos Dynamic Convertible and Income Fund during the 3rd quarter worth about $65,000. Capital CS Group LLC boosted its stake in Calamos Dynamic Convertible and Income Fund by 14.3% in the 4th quarter. Capital CS Group LLC now owns 21,509 shares of the company’s stock worth $449,000 after purchasing an additional 2,694 shares during the period. Brookstone Capital Management purchased a new position in Calamos Dynamic Convertible and Income Fund during the 4th quarter valued at about $248,000. Finally, Advisory Services Network LLC purchased a new position in Calamos Dynamic Convertible and Income Fund during the 3rd quarter valued at about $35,000.

Calamos Dynamic Convertible and Income Fund Price Performance

NASDAQ CCD traded up $0.10 during trading on Friday, hitting $22.63. 44,885 shares of the company’s stock traded hands, compared to its average volume of 82,055. Calamos Dynamic Convertible and Income Fund has a 12-month low of $18.12 and a 12-month high of $24.89. The business has a 50 day moving average of $21.32 and a 200-day moving average of $21.07.

Calamos Dynamic Convertible and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Investors of record on Tuesday, December 30th were issued a $0.195 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a c) annualized dividend and a yield of 10.3%.

About Calamos Dynamic Convertible and Income Fund

Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD) is a diversified, closed-end management investment company that seeks total return through a combination of current income and capital appreciation. Listed on the NASDAQ Global Select Market, CCD provides investors access to a portfolio primarily composed of convertible securities, supplemented by fixed-income and equity instruments. By blending the features of bonds and equity, the fund aims to capture upside potential in rising markets while offering downside protection in more volatile conditions.

The fund’s investment strategy emphasizes convertible bonds, convertible preferred stocks, and other hybrid instruments, alongside selective allocations to corporate debt, high-yield securities, common stocks, and derivative overlays.