Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 86.0% in October

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 45,200 shares, a growth of 86.0% from the September 30th total of 24,300 shares. Based on an average daily volume of 190,900 shares, the days-to-cover ratio is currently 0.2 days.

Calamos Global Dynamic Income Fund Stock Down 0.3 %

CHW traded down $0.03 during midday trading on Monday, reaching $7.13. 76,466 shares of the company’s stock were exchanged, compared to its average volume of 181,618. The business has a 50-day simple moving average of $7.07 and a two-hundred day simple moving average of $6.85. Calamos Global Dynamic Income Fund has a one year low of $5.12 and a one year high of $7.35.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 22nd. Stockholders of record on Tuesday, October 15th were issued a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 8.42%. The ex-dividend date of this dividend was Tuesday, October 15th.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Institutional investors have recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. acquired a new position in Calamos Global Dynamic Income Fund in the second quarter worth $214,000. Commonwealth Equity Services LLC increased its position in Calamos Global Dynamic Income Fund by 7.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 209,245 shares of the investment management company’s stock valued at $1,435,000 after acquiring an additional 15,199 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of Calamos Global Dynamic Income Fund by 0.6% in the second quarter. Private Advisor Group LLC now owns 434,038 shares of the investment management company’s stock worth $2,978,000 after acquiring an additional 2,600 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Calamos Global Dynamic Income Fund by 27.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 244,296 shares of the investment management company’s stock worth $1,676,000 after purchasing an additional 52,000 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Calamos Global Dynamic Income Fund by 6.8% during the first quarter. Janney Montgomery Scott LLC now owns 50,800 shares of the investment management company’s stock valued at $331,000 after purchasing an additional 3,228 shares during the last quarter.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.