Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 28.1% in March

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 33,293 shares, a growth of 28.1% from the February 26th total of 25,982 shares. Based on an average daily trading volume, of 167,736 shares, the short-interest ratio is currently 0.2 days.

Calamos Global Dynamic Income Fund Price Performance

Shares of NASDAQ CHW opened at $7.26 on Wednesday. The firm has a fifty day moving average of $7.83 and a 200 day moving average of $7.62. Calamos Global Dynamic Income Fund has a one year low of $5.35 and a one year high of $8.34.

Calamos Global Dynamic Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 13th were given a $0.05 dividend. The ex-dividend date was Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 8.3%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CHW. Karpus Management Inc. boosted its holdings in 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 buying an additional 310,155 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Calamos Global Dynamic Income Fund by 33.8% during the fourth quarter. Advisors Asset Management Inc. now owns 1,517,250 shares of the investment management company’s stock valued at $11,243,000 after acquiring an additional 383,511 shares during the last quarter. Pathstone Holdings LLC purchased a new position in shares of Calamos Global Dynamic Income Fund in the third quarter valued at approximately $9,968,000. Guggenheim Capital LLC boosted its stake in shares of 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 worth $8,328,000 after acquiring an additional 86,693 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Calamos Global Dynamic Income Fund by 2.5% during the fourth quarter. LPL Financial LLC now owns 1,026,645 shares of the investment management company’s stock worth $7,607,000 after purchasing an additional 25,033 shares in the last quarter.

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.