Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Update

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,402 shares, a decrease of 91.5% from the May 14th total of 16,485 shares. Based on an average daily volume of 98,665 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Closed End Fund Advisors Inc. acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter valued at $2,070,000. Shaker Financial Services LLC acquired a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter worth about $1,853,000. Raymond James Financial Inc. grew its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 31.1% during the second quarter. Raymond James Financial Inc. now owns 438,105 shares of the company’s stock worth $7,110,000 after buying an additional 103,935 shares during the period. Evolve Private Wealth LLC acquired a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter worth about $1,009,000. Finally, Rivernorth Capital Management LLC grew its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 14.2% during the fourth quarter. Rivernorth Capital Management LLC now owns 489,213 shares of the company’s stock worth $7,152,000 after buying an additional 60,904 shares during the period.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Up 0.1%

Shares of CPZ stock traded up $0.01 during mid-day trading on Tuesday, hitting $12.89. The stock had a trading volume of 50,802 shares, compared to its average volume of 84,383. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of $12.41 and a fifty-two week high of $16.82. The company’s 50-day simple moving average is $13.43 and its 200-day simple moving average is $14.29.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 12th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, June 12th. This represents a c) annualized dividend and a yield of 13.0%.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.