Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Down 74.7% in June

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 16,276 shares, a decrease of 74.7% from the June 15th total of 64,352 shares. Based on an average trading volume of 188,138 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Calamos Global Dynamic Income Fund

Several institutional investors have recently added to or reduced their stakes in CHW. Invesco Ltd. boosted its stake in shares of Calamos Global Dynamic Income Fund by 59.0% in the 4th quarter. Invesco Ltd. now owns 159,976 shares of the investment management company’s stock valued at $1,185,000 after purchasing an additional 59,335 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Calamos Global Dynamic Income Fund by 10.2% in the 4th quarter. Wells Fargo & Company MN now owns 118,210 shares of the investment management company’s stock valued at $876,000 after purchasing an additional 10,921 shares during the period. Osaic Holdings Inc. grew its stake in Calamos Global Dynamic Income Fund by 24.9% during the fourth quarter. Osaic Holdings Inc. now owns 108,016 shares of the investment management company’s stock worth $800,000 after purchasing an additional 21,513 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Calamos Global Dynamic Income Fund by 57.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 80,860 shares of the investment management company’s stock worth $610,000 after purchasing an additional 29,610 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Calamos Global Dynamic Income Fund by 4.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 32,207 shares of the investment management company’s stock worth $239,000 after buying an additional 1,365 shares in the last quarter.

Calamos Global Dynamic Income Fund Stock Performance

Shares of NASDAQ:CHW opened at $8.82 on Tuesday. Calamos Global Dynamic Income Fund has a 52 week low of $6.98 and a 52 week high of $9.18. The firm’s fifty day moving average is $8.79 and its 200-day moving average is $8.15.

Calamos Global Dynamic Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 14th will be given a $0.06 dividend. This is a boost from Calamos Global Dynamic Income Fund’s previous monthly dividend of $0.05. The ex-dividend date is Tuesday, July 14th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.

About Calamos Global Dynamic Income Fund

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.