Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 37,500 shares, an increase of 27.1% from the September 30th total of 29,500 shares. Based on an average daily volume of 59,300 shares, the days-to-cover ratio is presently 0.6 days.
Insider Transactions at Calamos Long/Short Equity & Dynamic Income Term Trust
In other news, VP John S. Koudounis sold 24,739 shares of the stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of 15.41, for a total value of 381,227.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Whittier Trust Co. bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the first quarter valued at $116,000. Sykon Capital LLC bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the second quarter valued at about $152,000. Catalina Capital Group LLC bought a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the 1st quarter valued at approximately $158,000. Optimum Investment Advisors raised its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 43.0% during the second quarter. Optimum Investment Advisors now owns 13,300 shares of the company’s stock valued at $203,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Brookstone Capital Management lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 21.3% in the first quarter. Brookstone Capital Management now owns 14,747 shares of the company’s stock worth $228,000 after acquiring an additional 2,591 shares during the period.
Calamos Long/Short Equity & Dynamic Income Term Trust Price Performance
Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend
The company also recently announced a monthly dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 15th were given a $0.14 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 10.79%. The ex-dividend date of this dividend was Tuesday, October 15th.
Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile
Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.
Featured Articles
- Five stocks we like better than Calamos Long/Short Equity & Dynamic Income Term Trust
- Compound Interest and Why It Matters When Investing
- Boeing: Why Analysts Think Now’s The Time To Be Brave
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- What is the Dogs of the Dow Strategy? Overview and Examples
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
Receive News & Ratings for Calamos Long/Short Equity & Dynamic Income Term Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calamos Long/Short Equity & Dynamic Income Term Trust and related companies with MarketBeat.com's FREE daily email newsletter.