Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Up 1,303.6% in June

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 19,679 shares, a growth of 1,303.6% from the May 31st total of 1,402 shares. Based on an average daily trading volume, of 73,297 shares, the days-to-cover ratio is presently 0.3 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

NASDAQ:CPZ traded down $0.02 on Friday, reaching $13.00. The stock had a trading volume of 2,152 shares, compared to its average volume of 83,403. The company has a 50-day moving average of $13.23 and a 200 day moving average of $14.12. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of $12.41 and a 12-month high of $16.82.

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

The firm also recently declared a monthly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 12th were issued a $0.14 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 12.9%.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the 4th quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock valued at $52,000 after purchasing an additional 1,244 shares in the last quarter. Invesco Ltd. increased its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.5% in the fourth quarter. Invesco Ltd. now owns 11,207 shares of the company’s stock worth $164,000 after buying an additional 785 shares during the last quarter. Envestnet Asset Management Inc. acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter valued at $184,000. XTX Topco Ltd acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the second quarter valued at $201,000. Finally, Readystate Asset Management LP bought a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter valued at $203,000.

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.