Short Interest in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Increases By 355.8%

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 19,600 shares, a growth of 355.8% from the December 15th total of 4,300 shares. Based on an average trading volume of 63,400 shares, the short-interest ratio is currently 0.3 days.

Large investors have recently added to or reduced their stakes in the stock. SkyView Investment Advisors LLC bought a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter worth $3,327,000. UBS Group AG lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 7.1% in the third quarter. UBS Group AG now owns 736,723 shares of the company’s stock worth $14,992,000 after purchasing an additional 49,005 shares during the period. Guggenheim Capital LLC acquired a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter worth $279,000. Royal Bank of Canada raised its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 35.2% during the third quarter. Royal Bank of Canada now owns 479,470 shares of the company’s stock worth $9,757,000 after acquiring an additional 124,802 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 1.6% in the third quarter. Oppenheimer & Co. Inc. now owns 104,405 shares of the company’s stock valued at $2,125,000 after buying an additional 1,640 shares in the last quarter.

CPZ stock opened at 20.65 on Friday. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of 17.15 and a fifty-two week high of 21.63. The company has a 50-day simple moving average of 19.78 and a 200 day simple moving average of 20.15.

The company also recently disclosed a monthly dividend, which was paid on Friday, January 14th. Shareholders of record on Friday, December 31st were paid a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a yield of 8.14%. The ex-dividend date was Thursday, December 30th.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.

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