Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 57.7% in April

Calamos Global Dynamic Income Fund (NASDAQ:CHW – Get Rating) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 169,100 shares, an increase of 57.7% from the April 15th total of 107,200 shares. Based on an average daily trading volume, of 173,300 shares, the days-to-cover ratio is currently 1.0 days.

Large investors have recently modified their holdings of the stock. Private Ocean LLC purchased a new position in Calamos Global Dynamic Income Fund in the 1st quarter worth $27,000. Clearstead Advisors LLC purchased a new position in Calamos Global Dynamic Income Fund in the 4th quarter worth $31,000. Atwood & Palmer Inc. purchased a new position in Calamos Global Dynamic Income Fund in the 4th quarter worth $55,000. Prospera Financial Services Inc purchased a new position in Calamos Global Dynamic Income Fund in the 1st quarter worth $53,000. Finally, Destiny Wealth Partners LLC bought a new stake in Calamos Global Dynamic Income Fund in the 1st quarter worth $72,000.

Calamos Global Dynamic Income Fund stock opened at $7.39 on Friday. The firm’s fifty day moving average price is $8.35 and its 200-day moving average price is $9.23. Calamos Global Dynamic Income Fund has a fifty-two week low of $7.10 and a fifty-two week high of $11.39.

The firm also recently announced a monthly dividend, which will be paid on Friday, May 20th. Investors of record on Friday, May 13th will be given a $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 11.37%. The ex-dividend date of this dividend is Thursday, May 12th.

About Calamos Global Dynamic Income Fund (Get Rating)

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.

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