Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Update
by Renee Jackson · The Cerbat GemCalamos Global Dynamic Income Fund (NASDAQ:CHW – Get Free Report) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 7,172 shares, a drop of 68.4% from the March 31st total of 22,664 shares. Based on an average trading volume of 271,205 shares, the days-to-cover ratio is presently 0.0 days.
Calamos Global Dynamic Income Fund Trading Up 1.1%
CHW traded up $0.09 during midday trading on Friday, hitting $8.21. The company had a trading volume of 129,434 shares, compared to its average volume of 198,303. Calamos Global Dynamic Income Fund has a twelve month low of $6.26 and a twelve month high of $8.34. The firm’s 50-day simple moving average is $7.77 and its 200-day simple moving average is $7.65.
Calamos Global Dynamic Income Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 14th were given a $0.05 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date was Tuesday, April 14th.
Institutional Investors Weigh In On Calamos Global Dynamic Income Fund
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC increased its position in Calamos Global Dynamic Income Fund by 23.5% in the 3rd quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock valued at $54,000 after acquiring an additional 1,371 shares in the last quarter. Leigh Baldwin & CO. LLC acquired a new stake in Calamos Global Dynamic Income Fund in the 4th quarter valued at about $74,000. Valeo Financial Advisors LLC acquired a new stake in Calamos Global Dynamic Income Fund in the 3rd quarter valued at about $106,000. MRA Advisory Group increased its position in Calamos Global Dynamic Income Fund by 8.9% in the 3rd quarter. MRA Advisory Group now owns 20,110 shares of the investment management company’s stock valued at $152,000 after acquiring an additional 1,648 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in Calamos Global Dynamic Income Fund in the 2nd quarter valued at about $145,000.
About Calamos Global Dynamic Income Fund
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.