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

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 103,514 shares, a growth of 91.4% from the July 15th total of 54,078 shares. Based on an average daily trading volume, of 305,720 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Calamos Global Dynamic Income Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC grew its holdings in 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 valued at $54,000 after buying an additional 1,371 shares in the last quarter. Leigh Baldwin & CO. LLC purchased a new stake in shares of Calamos Global Dynamic Income Fund in the fourth quarter worth about $74,000. Capital Financial Group Inc. Co. ADV purchased a new stake in shares of Calamos Global Dynamic Income Fund in the first quarter worth about $76,000. Retirement Planning Group LLC bought a new position in shares of Calamos Global Dynamic Income Fund in the first quarter valued at approximately $111,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of Calamos Global Dynamic Income Fund in the second quarter valued at approximately $145,000.

Calamos Global Dynamic Income Fund Trading Down 0.2%

CHW stock traded down $0.02 during midday trading on Friday, reaching $8.67. 93,849 shares of the company’s stock traded hands, compared to its average volume of 210,907. The company has a 50-day moving average price of $8.67 and a two-hundred day moving average price of $8.30. Calamos Global Dynamic Income Fund has a 52 week low of $6.98 and a 52 week high of $9.18.

Calamos Global Dynamic Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 14th will be given a $0.06 dividend. The ex-dividend date is Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 8.3%.

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.