Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Up 34.7% in February

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 88,500 shares, a growth of 34.7% from the February 13th total of 65,700 shares. Based on an average daily trading volume, of 79,800 shares, the days-to-cover ratio is currently 1.1 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

CPZ traded up $0.04 during midday trading on Friday, reaching $15.48. The company’s stock had a trading volume of 49,287 shares, compared to its average volume of 71,757. The company has a fifty day simple moving average of $15.42 and a 200 day simple moving average of $15.47. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of $14.67 and a twelve month high of $16.03.

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

The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th will be given a $0.14 dividend. The ex-dividend date is Thursday, March 13th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.85%.

Insider Buying and Selling at Calamos Long/Short Equity & Dynamic Income Term Trust

In other Calamos Long/Short Equity & Dynamic Income Term Trust news, CFO Thomas E. Herman sold 13,392 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of $15.58, for a total value of $208,647.36. Following the sale, the chief financial officer now owns 13,391 shares of the company’s stock, valued at $208,631.78. This trade represents a 50.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link.

Institutional Trading of Calamos Long/Short Equity & Dynamic Income Term Trust

Hedge funds have recently modified their holdings of the company. Bank of America Corp DE lifted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the 4th quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock worth $52,000 after acquiring an additional 1,244 shares during the period. Integrated Advisors Network LLC bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter worth approximately $168,000. Walleye Capital LLC bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 3rd quarter worth approximately $290,000. Janney Montgomery Scott LLC lifted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 9.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 35,356 shares of the company’s stock worth $524,000 after acquiring an additional 3,160 shares during the period. Finally, Blue Bell Private Wealth Management LLC lifted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 11.3% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 39,150 shares of the company’s stock worth $581,000 after acquiring an additional 3,968 shares during the period.

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.