Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Large Decrease in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totalling 15,400 shares, a decline of 35.6% from the June 30th total of 23,900 shares. Based on an average daily trading volume, of 131,200 shares, the days-to-cover ratio is presently 0.1 days.

Calamos Global Dynamic Income Fund Trading Up 0.9 %

CHW traded up $0.06 on Monday, reaching $6.79. The company’s stock had a trading volume of 110,099 shares, compared to its average volume of 176,379. Calamos Global Dynamic Income Fund has a 1 year low of $5.07 and a 1 year high of $7.19. The business’s 50 day moving average is $6.87 and its 200 day moving average is $6.49.

Calamos Global Dynamic Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, July 19th. Investors of record on Friday, July 12th were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, July 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.84%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Valeo Financial Advisors LLC grew its position in shares of Calamos Global Dynamic Income Fund by 43.8% in the 1st quarter. Valeo Financial Advisors LLC now owns 18,700 shares of the investment management company’s stock worth $119,000 after acquiring an additional 5,700 shares in the last quarter. L.M. Kohn & Company increased its stake in Calamos Global Dynamic Income Fund by 29.2% during the first quarter. L.M. Kohn & Company now owns 22,726 shares of the investment management company’s stock valued at $148,000 after purchasing an additional 5,132 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Calamos Global Dynamic Income Fund during the fourth quarter worth $640,000. Private Advisor Group LLC lifted its position in shares of Calamos Global Dynamic Income Fund by 15.6% in the 4th quarter. Private Advisor Group LLC now owns 372,883 shares of the investment management company’s stock worth $2,152,000 after buying an additional 50,280 shares during the last quarter. Finally, Shaker Financial Services LLC boosted its holdings in shares of Calamos Global Dynamic Income Fund by 20.2% in the 4th quarter. Shaker Financial Services LLC now owns 461,495 shares of the investment management company’s stock valued at $2,686,000 after buying an additional 77,561 shares during the period.

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.