Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Short Interest Update

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 282,093 shares, an increase of 24.4% from the January 15th total of 226,762 shares. Based on an average daily volume of 187,563 shares, the short-interest ratio is presently 1.5 days. Based on an average daily volume of 187,563 shares, the short-interest ratio is presently 1.5 days.

Calamos Convertible Opportunities and Income Fund Stock Up 1.7%

CHI stock opened at $11.69 on Monday. The business has a 50-day moving average of $11.02 and a 200-day moving average of $10.84. Calamos Convertible Opportunities and Income Fund has a fifty-two week low of $8.41 and a fifty-two week high of $11.70.

Calamos Convertible Opportunities and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 23rd. Stockholders of record on Friday, February 13th will be paid a dividend of $0.095 per share. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date of this dividend is Friday, February 13th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Financial Advocates Investment Management increased its stake in Calamos Convertible Opportunities and Income Fund by 4.2% in the 2nd quarter. Financial Advocates Investment Management now owns 26,625 shares of the company’s stock valued at $280,000 after buying an additional 1,063 shares during the last quarter. Wealth Effects LLC grew its holdings in shares of Calamos Convertible Opportunities and Income Fund by 6.3% in the 3rd quarter. Wealth Effects LLC now owns 18,006 shares of the company’s stock valued at $194,000 after acquiring an additional 1,074 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Calamos Convertible Opportunities and Income Fund by 4.2% in the third quarter. Stratos Wealth Partners LTD. now owns 30,242 shares of the company’s stock valued at $326,000 after acquiring an additional 1,218 shares during the last quarter. Jane Street Group LLC increased its position in shares of Calamos Convertible Opportunities and Income Fund by 7.8% in the fourth quarter. Jane Street Group LLC now owns 18,563 shares of the company’s stock valued at $195,000 after acquiring an additional 1,340 shares during the last quarter. Finally, Novem Group raised its holdings in Calamos Convertible Opportunities and Income Fund by 9.5% during the fourth quarter. Novem Group now owns 16,266 shares of the company’s stock worth $170,000 after acquiring an additional 1,415 shares in the last quarter.

About Calamos Convertible Opportunities and Income Fund

Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) is a diversified, closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund primarily invests in convertible securities, including convertible bonds and preferred stocks, as well as high-yield debt instruments and equity securities. By blending income-generating instruments with the capital-appreciation potential of convertibles, CHI aims to provide investors with a balanced risk-return profile.

The fund pursues its investment strategy through fundamental research and active security selection, targeting issuers across various sectors and geographies.