Calamos Convertible and High Income Fund (NASDAQ:CHY) Short Interest Update

Calamos Convertible and High Income Fund (NASDAQ:CHY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 261,945 shares, a decline of 26.4% from the December 31st total of 356,102 shares. Based on an average daily trading volume, of 251,120 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 251,120 shares, the short-interest ratio is presently 1.0 days.

Calamos Convertible and High Income Fund Stock Performance

Shares of NASDAQ CHY traded up $0.05 during mid-day trading on Tuesday, reaching $11.74. 185,354 shares of the company were exchanged, compared to its average volume of 269,449. Calamos Convertible and High Income Fund has a 52 week low of $8.99 and a 52 week high of $11.98. The company’s 50 day moving average price is $11.59 and its 200 day moving average price is $11.33.

Calamos Convertible and High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 23rd. Stockholders of record on Friday, February 13th will be issued a $0.10 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date is Friday, February 13th.

Institutional Trading of Calamos Convertible and High Income Fund

A number of hedge funds have recently bought and sold shares of CHY. Guggenheim Capital LLC grew its position in Calamos Convertible and High Income Fund by 2.6% during the second quarter. Guggenheim Capital LLC now owns 719,293 shares of the investment management company’s stock valued at $7,905,000 after acquiring an additional 18,044 shares during the last quarter. Penserra Capital Management LLC bought a new position in shares of Calamos Convertible and High Income Fund during the 3rd quarter valued at $7,179,000. Osaic Holdings Inc. raised its position in Calamos Convertible and High Income Fund by 7.8% in the 2nd quarter. Osaic Holdings Inc. now owns 300,475 shares of the investment management company’s stock worth $3,302,000 after purchasing an additional 21,804 shares during the period. Raymond James Financial Inc. raised its position in Calamos Convertible and High Income Fund by 3.0% in the 3rd quarter. Raymond James Financial Inc. now owns 299,997 shares of the investment management company’s stock worth $3,366,000 after purchasing an additional 8,748 shares during the period. Finally, Greatmark Investment Partners Inc. boosted its position in Calamos Convertible and High Income Fund by 7.7% during the fourth quarter. Greatmark Investment Partners Inc. now owns 282,897 shares of the investment management company’s stock valued at $3,200,000 after buying an additional 20,279 shares during the period.

About Calamos Convertible and High Income Fund

The Calamos Convertible and High Income Fund (NASDAQ: CHY) is a closed-end investment company managed by Calamos Investments. The fund seeks to deliver high current income and total return through a diversified portfolio of convertible securities and high-yield debt instruments. By blending growth potential from equity-linked convertibles with income generation from corporate and structured credit, the fund aims to offer investors a balanced approach to return enhancement and downside mitigation.

CHY’s portfolio typically includes investment-grade and below-investment-grade convertible bonds, convertible preferred stocks, senior loans and high-yield bonds issued by companies across a range of industries.