Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Shares Shorted: Short Interest Down 59.2% in September

Posted by Brian Himes on Oct 15th, 2026

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 16,457 shares, a drop of 59.2% from the September 15th total of 40,367 shares. Based on an average daily volume of 69,144 shares, the short-interest ratio is presently 0.2 days.

Calamos Dynamic Convertible and Income Fund Price Performance

Shares of CCD traded up $0.05 during mid-day trading on Thursday, hitting $22.92. The stock had a trading volume of 60,535 shares, compared to its average volume of 81,848. Calamos Dynamic Convertible and Income Fund has a fifty-two week low of $19.99 and a fifty-two week high of $26.99. The company’s fifty day simple moving average is $24.29 and its two-hundred day simple moving average is $24.47.

Calamos Dynamic Convertible and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, October 21st. Investors of record on Wednesday, October 14th will be paid a dividend of $0.1950 per share. The ex-dividend date is Wednesday, October 14th. This represents a $2.34 annualized dividend and a yield of 10.2%.

Insiders Place Their Bets

In other news, major shareholder Metlife Investment Management, acquired 880,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average cost of $25.00 per share, with a total value of $22,000,000.00. Following the completion of the acquisition, the insider directly owned 296,000 shares in the company, valued at $7,400,000. This represents a -150.68% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Hedge Funds Weigh In On Calamos Dynamic Convertible and Income Fund

Hedge funds have recently added to or reduced their stakes in the business. CoreCap Advisors LLC grew its position in shares of Calamos Dynamic Convertible and Income Fund by 10.8% during the 3rd quarter. CoreCap Advisors LLC now owns 39,017 shares of the company’s stock valued at $883,000 after buying an additional 3,790 shares during the last quarter. Apeiron RIA LLC raised its stake in Calamos Dynamic Convertible and Income Fund by 3.8% during the third quarter. Apeiron RIA LLC now owns 12,266 shares of the company’s stock worth $276,000 after acquiring an additional 446 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Calamos Dynamic Convertible and Income Fund during the second quarter worth about $152,000. Baird Financial Group Inc. bought a new position in Calamos Dynamic Convertible and Income Fund in the second quarter worth about $322,000. Finally, Advisory Solutions Group LLC bought a new position in Calamos Dynamic Convertible and Income Fund in the second quarter worth about $1,045,000.

Calamos Dynamic Convertible and Income Fund Company Profile

(Get Free Report)

Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD) is a closed-end investment company managed by Calamos Advisors LLC. The fund seeks to provide total return through a combination of current income and capital appreciation.

CCD invests primarily in convertible securities and other income-producing investments, including corporate debt, high-yield bonds, preferred stocks and common stocks. Convertible securities may provide the potential for equity participation while retaining bond-like income and downside characteristics, although the fund’s portfolio is subject to credit, interest-rate and market risks.

The fund may invest in securities issued by companies in the United States and other countries, giving it exposure to a range of industries and global markets.