Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Down 91.5% in May

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,402 shares, a decrease of 91.5% from the May 14th total of 16,485 shares. Based on an average daily volume of 98,665 shares, the days-to-cover ratio is presently 0.0 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.8%

Shares of NASDAQ CPZ traded down $0.10 during mid-day trading on Thursday, hitting $12.92. The company had a trading volume of 44,532 shares, compared to its average volume of 84,439. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $12.41 and a 12 month high of $16.82. The firm’s 50 day simple moving average is $13.42 and its two-hundred day simple moving average is $14.27.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 12th will be paid a $0.14 dividend. This represents a c) dividend on an annualized basis and a yield of 13.0%. The ex-dividend date is Friday, June 12th.

Hedge Funds Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Several institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the 4th quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock valued at $52,000 after purchasing an additional 1,244 shares during the last quarter. Invesco Ltd. increased its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.5% in the fourth quarter. Invesco Ltd. now owns 11,207 shares of the company’s stock valued at $164,000 after purchasing an additional 785 shares during the period. Envestnet Asset Management Inc. acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter valued at approximately $184,000. XTX Topco Ltd bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the second quarter valued at approximately $201,000. Finally, Readystate Asset Management LP bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter valued at approximately $203,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

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.