Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Drops By 53.2%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 10,566 shares, a decrease of 53.2% from the April 30th total of 22,579 shares. Based on an average daily trading volume, of 183,922 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC increased 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 worth $54,000 after buying an additional 1,371 shares during the last quarter. Leigh Baldwin & CO. LLC purchased a new position in Calamos Global Dynamic Income Fund in the fourth quarter worth about $74,000. Capital Financial Group Inc. Co. ADV bought a new stake in Calamos Global Dynamic Income Fund during the first quarter worth approximately $76,000. Valeo Financial Advisors LLC purchased a new stake in Calamos Global Dynamic Income Fund during the third quarter valued at approximately $106,000. Finally, Retirement Planning Group LLC purchased a new stake in Calamos Global Dynamic Income Fund during the first quarter valued at approximately $111,000.

Calamos Global Dynamic Income Fund Stock Performance

NASDAQ:CHW traded up $0.07 during trading hours on Friday, reaching $9.12. The stock had a trading volume of 302,380 shares, compared to its average volume of 199,101. Calamos Global Dynamic Income Fund has a 52 week low of $6.71 and a 52 week high of $9.15. The company has a 50 day moving average price of $8.11 and a two-hundred day moving average price of $7.82.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a c) dividend on an annualized basis and a yield of 6.6%.

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.