Calamos Convertible and High Income Fund (NASDAQ:CHY) Short Interest Update

Calamos Convertible and High Income Fund (NASDAQ:CHY) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 150,900 shares, a growth of 8.6% from the September 30th total of 139,000 shares. Based on an average daily trading volume, of 151,600 shares, the short-interest ratio is presently 1.0 days.

Calamos Convertible and High Income Fund Stock Up 0.5 %

Shares of CHY stock traded up $0.06 on Wednesday, hitting $11.94. 99,270 shares of the stock were exchanged, compared to its average volume of 148,901. The business has a 50-day moving average of $11.87 and a 200 day moving average of $11.46. Calamos Convertible and High Income Fund has a fifty-two week low of $10.77 and a fifty-two week high of $12.38.

Calamos Convertible and High Income Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $1.20 annualized dividend and a yield of 10.05%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Larson Financial Group LLC acquired a new position in Calamos Convertible and High Income Fund during the second quarter valued at approximately $33,000. US Bancorp DE bought a new stake in Calamos Convertible and High Income Fund in the third quarter valued at approximately $42,000. Midwest Financial Group LLC bought a new stake in Calamos Convertible and High Income Fund in the second quarter valued at approximately $117,000. SteelPeak Wealth LLC bought a new stake in Calamos Convertible and High Income Fund in the first quarter valued at approximately $118,000. Finally, Quad Cities Investment Group LLC bought a new stake in Calamos Convertible and High Income Fund in the third quarter valued at approximately $119,000.

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.