Calamos Global Dynamic Income Fund (NASDAQ:CHW) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Calamos Global Dynamic Income Fund (NASDAQ:CHW) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.24 and traded as high as $7.34. Calamos Global Dynamic Income Fund shares last traded at $7.29, with a volume of 131,449 shares.

Calamos Global Dynamic Income Fund Price Performance

The business has a 50-day simple moving average of $7.53 and a 200-day simple moving average of $7.24.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 21st. Investors of record on Friday, November 14th were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a c) annualized dividend and a yield of 8.2%.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

A number of large investors have recently modified their holdings of CHW. Parallel Advisors LLC raised its holdings in shares of 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 purchasing an additional 1,371 shares in the last quarter. First Manhattan CO. LLC. acquired a new position in shares of Calamos Global Dynamic Income Fund during the first quarter worth $67,000. Newbridge Financial Services Group Inc. purchased a new position in Calamos Global Dynamic Income Fund in the second quarter valued at $99,000. Concurrent Investment Advisors LLC acquired a new stake in Calamos Global Dynamic Income Fund in the second quarter valued at $103,000. Finally, Valeo Financial Advisors LLC acquired a new stake in Calamos Global Dynamic Income Fund in the third quarter valued at $106,000.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.