Calamos Convertible and High Income Fund (NASDAQ:CHY) Stock Short Interest Report for October

Calamos Convertible and High Income Fund (NASDAQ:CHY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 155,179 shares, an increase of 300.9% from the September 30th total of 38,705 shares. Based on an average daily trading volume, of 248,894 shares, the days-to-cover ratio is currently 0.6 days.

Calamos Convertible and High Income Fund Price Performance

Shares of CHY stock traded down $0.01 during mid-day trading on Thursday, hitting $11.33. The company had a trading volume of 199,748 shares, compared to its average volume of 204,495. Calamos Convertible and High Income Fund has a 52-week low of $10.41 and a 52-week high of $13.91. The stock’s 50 day moving average price is $12.16 and its 200-day moving average price is $12.34.

Calamos Convertible and High Income Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Wednesday, October 14th were issued a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 10.6%. The ex-dividend date was Wednesday, October 14th.

Institutional Trading of Calamos Convertible and High Income Fund

Hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC grew its holdings in shares of Calamos Convertible and High Income Fund by 159.5% in the third quarter. International Assets Investment Management LLC now owns 41,000 shares of the investment management company’s stock valued at $480,000 after purchasing an additional 25,203 shares in the last quarter. Samalin Investment Counsel LLC increased its position in Calamos Convertible and High Income Fund by 2.0% in the third quarter. Samalin Investment Counsel LLC now owns 58,894 shares of the investment management company’s stock worth $690,000 after purchasing an additional 1,151 shares during the last quarter. Mirador Capital Partners LP raised its stake in Calamos Convertible and High Income Fund by 8.4% during the third quarter. Mirador Capital Partners LP now owns 20,521 shares of the investment management company’s stock valued at $240,000 after purchasing an additional 1,588 shares in the last quarter. Cadent Capital Advisors LLC raised its stake in Calamos Convertible and High Income Fund by 3.3% during the third quarter. Cadent Capital Advisors LLC now owns 73,112 shares of the investment management company’s stock valued at $856,000 after purchasing an additional 2,362 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in Calamos Convertible and High Income Fund by 321.1% during the third quarter. Farther Finance Advisors LLC now owns 5,613 shares of the investment management company’s stock valued at $66,000 after purchasing an additional 4,280 shares during the last quarter.

Calamos Convertible and High Income Fund Company Profile

Calamos Convertible and High Income Fund is a closed-end investment company listed on the Nasdaq under the symbol CHY. The fund is managed by Calamos Advisors LLC, an investment management firm specializing in convertible securities and related income-oriented strategies.

The fund seeks to provide current income and total return by investing primarily in a combination of convertible securities and high-income, or below-investment-grade, fixed-income securities. Convertible securities may offer income along with the potential for participation in the equity performance of the issuing company, while high-yield bonds are generally intended to enhance portfolio income.

Calamos Convertible and High Income Fund invests across corporate issuers and industries, with exposure that may include companies in the United States and other markets.