Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Short Interest Report for October

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 141,065 shares, an increase of 182.7% from the September 30th total of 49,899 shares. Based on an average trading volume of 220,845 shares, the short-interest ratio is currently 0.6 days.

Calamos Global Dynamic Income Fund Trading Down 1.5%

Shares of NASDAQ CHW traded down $0.12 during trading on Friday, reaching $7.75. The company had a trading volume of 47,544 shares, compared to its average volume of 202,775. Calamos Global Dynamic Income Fund has a 12 month low of $6.98 and a 12 month high of $9.18. The company’s fifty day moving average price is $8.19 and its 200-day moving average price is $8.25.

Calamos Global Dynamic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 21st. Stockholders of record on Wednesday, October 14th were paid a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date of this dividend was Wednesday, October 14th.

Insider Buying and Selling

In related news, major shareholder Metlife Investment Management, bought 440,000 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were purchased at an average cost of $25.00 per share, for a total transaction of $11,000,000.00. Following the acquisition, the insider owned 157,600 shares of the company’s stock, valued at approximately $3,940,000. This represents a -155.81% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital Financial Group Inc. Co. ADV acquired a new position in Calamos Global Dynamic Income Fund during the first quarter valued at $76,000. Leigh Baldwin & CO. LLC purchased a new position in Calamos Global Dynamic Income Fund in the second quarter valued at approximately $89,000. Palogic Value Management L.P. acquired a new position in Calamos Global Dynamic Income Fund in the 2nd quarter valued at about $98,000. Retirement Planning Group LLC purchased a new stake in shares of Calamos Global Dynamic Income Fund in the 1st quarter worth about $111,000. Finally, Corient Private Wealth LP acquired a new position in shares of Calamos Global Dynamic Income Fund in the second quarter valued at approximately $120,000.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified closed-end investment fund managed by Calamos Advisors LLC. The fund seeks to provide a high level of current income and, secondarily, total return through a flexible global investment strategy.

The fund invests primarily in income-producing securities issued by companies and governments around the world. Its portfolio may include corporate and government debt, high-yield and emerging-market securities, convertible securities, preferred stocks and dividend-paying common stocks.