Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Up 26.8% in February

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 65,700 shares, an increase of 26.8% from the January 31st total of 51,800 shares. Based on an average daily trading volume, of 80,000 shares, the short-interest ratio is presently 0.8 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.6 %

Shares of CPZ stock opened at $15.43 on Friday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 1 year low of $14.67 and a 1 year high of $16.03. The firm’s 50 day moving average is $15.37 and its 200-day moving average is $15.47.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.89%.

Insider Transactions at Calamos Long/Short Equity & Dynamic Income Term Trust

In other news, CFO Thomas E. Herman sold 13,392 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $15.58, for a total transaction of $208,647.36. Following the transaction, the chief financial officer now directly owns 13,391 shares in the company, valued at approximately $208,631.78. This represents a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE raised its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% during the fourth quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock worth $52,000 after buying an additional 1,244 shares during the last quarter. Integrated Advisors Network LLC bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter worth approximately $168,000. Walleye Capital LLC bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter worth approximately $290,000. Shaker Financial Services LLC raised its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 38.7% during the third quarter. Shaker Financial Services LLC now owns 21,188 shares of the company’s stock worth $332,000 after buying an additional 5,916 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 9.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 35,356 shares of the company’s stock worth $524,000 after buying an additional 3,160 shares during the last quarter.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

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.