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

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 41,688 shares, a growth of 57.4% from the December 15th total of 26,490 shares. Based on an average daily volume of 144,242 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 144,242 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC lifted its holdings in shares of Calamos Global Dynamic Income Fund by 23.5% during the 3rd quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock worth $54,000 after acquiring an additional 1,371 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in Calamos Global Dynamic Income Fund during the second quarter worth approximately $99,000. Valeo Financial Advisors LLC acquired a new position in shares of Calamos Global Dynamic Income Fund in the 3rd quarter valued at $106,000. Concurrent Investment Advisors LLC acquired a new position in shares of Calamos Global Dynamic Income Fund in the 2nd quarter valued at $103,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in shares of Calamos Global Dynamic Income Fund during the 2nd quarter valued at $127,000.

Calamos Global Dynamic Income Fund Price Performance

Shares of CHW stock traded up $0.01 during midday trading on Friday, reaching $7.84. 28,075 shares of the company traded hands, compared to its average volume of 194,491. The firm’s 50 day simple moving average is $7.40 and its two-hundred day simple moving average is $7.39. Calamos Global Dynamic Income Fund has a 1-year low of $5.35 and a 1-year high of $7.90.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date was Tuesday, December 30th.

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.