Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) to Issue Dividend of $0.14 on January 9th

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a dividend on Thursday, December 18th, NASDAQ Dividends reports. Investors of record on Tuesday, December 30th will be paid a dividend of 0.14 per share on Friday, January 9th. The ex-dividend date of this dividend is Tuesday, December 30th.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Shares of NASDAQ CPZ opened at $14.85 on Friday. The company has a 50 day simple moving average of $15.04 and a two-hundred day simple moving average of $15.86. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $14.50 and a 12 month high of $16.82.

Insiders Place Their Bets

In other Calamos Long/Short Equity & Dynamic Income Term Trust news, Chairman John P. Sr Calamos, Sr. sold 20,000 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $14.60, for a total transaction of $292,000.00. Following the sale, the chairman directly owned 38,817 shares of the company’s stock, valued at approximately $566,728.20. This trade represents a 34.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Institutional Trading of Calamos Long/Short Equity & Dynamic Income Term Trust

Several hedge funds and other institutional investors have recently bought and sold shares of CPZ. Raymond James Financial Inc. lifted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 31.1% in the second quarter. Raymond James Financial Inc. now owns 438,105 shares of the company’s stock valued at $7,110,000 after acquiring an additional 103,935 shares during the period. TrueMark Investments LLC acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 3rd quarter valued at $1,273,000. Integrity Wealth Advisors Inc. boosted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 123.2% during the third quarter. Integrity Wealth Advisors Inc. now owns 89,283 shares of the company’s stock worth $1,446,000 after buying an additional 49,288 shares in the last quarter. Penserra Capital Management LLC grew its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 14.4% during the third quarter. Penserra Capital Management LLC now owns 302,794 shares of the company’s stock valued at $4,893,000 after buying an additional 38,105 shares during the period. Finally, Mccarter Private Wealth Services LLC purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter valued at $527,000.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.