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 growth in short interest in October. As of October 31st, there was short interest totalling 179,000 shares, a growth of 18.6% from the October 15th total of 150,900 shares. Based on an average trading volume of 142,000 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of Calamos Convertible and High Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of CHY. Larson Financial Group LLC bought a new position in Calamos Convertible and High Income Fund in the second quarter valued at approximately $33,000. US Bancorp DE acquired a new position in shares of Calamos Convertible and High Income Fund during the third quarter valued at about $42,000. Midwest Financial Group LLC bought a new position in Calamos Convertible and High Income Fund during the 2nd quarter valued at $117,000. Quad Cities Investment Group LLC bought a new position in shares of Calamos Convertible and High Income Fund in the third quarter valued at approximately $119,000. Finally, Insigneo Advisory Services LLC bought a new position in Calamos Convertible and High Income Fund during the second quarter valued at about $125,000.

Calamos Convertible and High Income Fund Stock Performance

Shares of CHY stock traded down $0.11 during trading hours on Friday, reaching $11.95. The company had a trading volume of 134,575 shares, compared to its average volume of 147,949. The company has a 50 day moving average of $11.99 and a 200 day moving average of $11.54. Calamos Convertible and High Income Fund has a 1-year low of $10.77 and a 1-year high of $12.38.

Calamos Convertible and High Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 13th will be given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.04%. The ex-dividend date is Wednesday, November 13th.

Calamos Convertible and High Income Fund Company Profile

Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.