Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Update

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 22,664 shares, a decline of 31.9% from the March 15th total of 33,293 shares. Based on an average daily volume of 215,323 shares, the days-to-cover ratio is presently 0.1 days.

Calamos Global Dynamic Income Fund Stock Performance

Calamos Global Dynamic Income Fund stock opened at $7.90 on Tuesday. Calamos Global Dynamic Income Fund has a 52 week low of $5.91 and a 52 week high of $8.34. The business has a 50-day simple moving average of $7.76 and a 200 day simple moving average of $7.62.

Calamos Global Dynamic Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 21st. Investors of record on Tuesday, April 14th will be given a dividend of $0.05 per share. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Tuesday, April 14th.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CHW. Parallel Advisors LLC grew its position in Calamos Global Dynamic Income Fund by 23.5% during the third quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock worth $54,000 after buying an additional 1,371 shares in the last quarter. Leigh Baldwin & CO. LLC purchased a new position in Calamos Global Dynamic Income Fund during the fourth quarter worth about $74,000. Newbridge Financial Services Group Inc. purchased a new position in Calamos Global Dynamic Income Fund during the second quarter worth about $99,000. Valeo Financial Advisors LLC purchased a new position in Calamos Global Dynamic Income Fund during the third quarter worth about $106,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in Calamos Global Dynamic Income Fund during the second quarter worth about $145,000.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.