Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Down 32.4% in February

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 25,982 shares, a drop of 32.4% from the February 12th total of 38,449 shares. Based on an average daily volume of 139,227 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 139,227 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Calamos Global Dynamic Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHW. Karpus Management Inc. lifted its position in Calamos Global Dynamic Income Fund by 23.0% during the 2nd quarter. Karpus Management Inc. now owns 1,656,186 shares of the investment management company’s stock valued at $11,809,000 after purchasing an additional 310,155 shares during the period. Advisors Asset Management Inc. grew its position in shares of Calamos Global Dynamic Income Fund by 33.8% during the 4th quarter. Advisors Asset Management Inc. now owns 1,517,250 shares of the investment management company’s stock worth $11,243,000 after buying an additional 383,511 shares during the period. Pathstone Holdings LLC bought a new stake in shares of Calamos Global Dynamic Income Fund during the third quarter worth approximately $9,968,000. Guggenheim Capital LLC lifted its holdings in Calamos Global Dynamic Income Fund by 8.4% in the fourth quarter. Guggenheim Capital LLC now owns 1,123,843 shares of the investment management company’s stock valued at $8,328,000 after buying an additional 86,693 shares during the period. Finally, LPL Financial LLC boosted its stake in Calamos Global Dynamic Income Fund by 2.5% in the fourth quarter. LPL Financial LLC now owns 1,026,645 shares of the investment management company’s stock valued at $7,607,000 after acquiring an additional 25,033 shares during the last quarter.

Calamos Global Dynamic Income Fund Stock Performance

CHW stock traded down $0.12 during trading on Friday, hitting $7.43. The company had a trading volume of 63,753 shares, compared to its average volume of 181,323. The firm has a 50-day moving average price of $7.92 and a 200-day moving average price of $7.61. Calamos Global Dynamic Income Fund has a 12 month low of $5.35 and a 12 month high of $8.34.

Calamos Global Dynamic Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.05 per share. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, March 13th.

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.