Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 184.8% in January

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 118,743 shares, an increase of 184.8% from the December 31st total of 41,688 shares. Based on an average daily volume of 209,688 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 209,688 shares, the short-interest ratio is presently 0.6 days.

Calamos Global Dynamic Income Fund Price Performance

Shares of NASDAQ:CHW opened at $8.03 on Thursday. The business’s 50 day simple moving average is $7.49 and its 200 day simple moving average is $7.43. Calamos Global Dynamic Income Fund has a 1 year low of $5.35 and a 1 year high of $8.05.

Calamos Global Dynamic Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, January 9th. Stockholders of record on Tuesday, December 30th were given a $0.05 dividend. The ex-dividend date was Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 7.5%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CHW. D.A. Davidson & CO. grew its stake in shares of Calamos Global Dynamic Income Fund by 2.9% during the third quarter. D.A. Davidson & CO. now owns 197,780 shares of the investment management company’s stock worth $1,491,000 after buying an additional 5,651 shares during the last quarter. Brookstone Capital Management lifted its holdings in Calamos Global Dynamic Income Fund by 26.1% during the 3rd quarter. Brookstone Capital Management now owns 55,286 shares of the investment management company’s stock worth $417,000 after buying an additional 11,439 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in shares of Calamos Global Dynamic Income Fund in the second quarter worth approximately $99,000. Karpus Management Inc. lifted its position in shares of Calamos Global Dynamic Income Fund by 23.0% in the 2nd quarter. Karpus Management Inc. now owns 1,656,186 shares of the investment management company’s stock worth $11,809,000 after purchasing an additional 310,155 shares during the period. Finally, Guggenheim Capital LLC lifted its holdings in Calamos Global Dynamic Income Fund by 7.7% in the second quarter. Guggenheim Capital LLC now owns 1,039,131 shares of the investment management company’s stock valued at $7,409,000 after buying an additional 74,431 shares during the period.

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.