Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Significant Increase in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 54,078 shares, a growth of 232.3% from the June 30th total of 16,276 shares. Based on an average daily volume of 246,079 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Calamos Global Dynamic Income Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Parallel Advisors LLC grew its holdings in shares of Calamos Global Dynamic Income Fund by 23.5% during the third quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock worth $54,000 after purchasing an additional 1,371 shares in the last quarter. Leigh Baldwin & CO. LLC bought a new position in shares of Calamos Global Dynamic Income Fund in the fourth quarter worth approximately $74,000. Capital Financial Group Inc. Co. ADV purchased a new stake in Calamos Global Dynamic Income Fund in the first quarter valued at approximately $76,000. Retirement Planning Group LLC purchased a new stake in Calamos Global Dynamic Income Fund in the first quarter valued at approximately $111,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Calamos Global Dynamic Income Fund during the second quarter valued at approximately $145,000.

Calamos Global Dynamic Income Fund Trading Down 1.2%

Shares of Calamos Global Dynamic Income Fund stock traded down $0.10 during trading on Monday, hitting $8.42. The stock had a trading volume of 204,604 shares, compared to its average volume of 209,714. Calamos Global Dynamic Income Fund has a 12 month low of $6.98 and a 12 month high of $9.18. The business’s 50-day moving average is $8.78 and its 200 day moving average is $8.23.

Calamos Global Dynamic Income Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 14th were given a dividend of $0.06 per share. The ex-dividend date was Tuesday, July 14th. This is a positive change from Calamos Global Dynamic Income Fund’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a yield of 8.6%.

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.