Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Shares Pass Below 50-Day Moving Average of $10.61

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI – Get Rating) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.61 and traded as low as $10.53. Calamos Convertible Opportunities and Income Fund shares last traded at $10.53, with a volume of 136,178 shares traded.

Calamos Convertible Opportunities and Income Fund Stock Performance

The stock’s 50-day moving average is $10.61 and its 200-day moving average is $11.15.

Calamos Convertible Opportunities and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, May 18th. Investors of record on Friday, May 12th were given a dividend of $0.095 per share. The ex-dividend date was Thursday, May 11th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 10.83%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Guardian Wealth Advisors LLC acquired a new position in Calamos Convertible Opportunities and Income Fund during the third quarter worth $31,000. Global Retirement Partners LLC raised its holdings in Calamos Convertible Opportunities and Income Fund by 49.9% during the first quarter. Global Retirement Partners LLC now owns 3,249 shares of the company’s stock worth $34,000 after buying an additional 1,081 shares during the last quarter. Captrust Financial Advisors acquired a new position in Calamos Convertible Opportunities and Income Fund during the second quarter worth $37,000. Sunbelt Securities Inc. acquired a new position in Calamos Convertible Opportunities and Income Fund during the first quarter worth $42,000. Finally, Elequin Securities LLC acquired a new position in Calamos Convertible Opportunities and Income Fund during the first quarter worth $50,000.

About Calamos Convertible Opportunities and Income Fund

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Calamos Convertible Opportunities & Income Fund operates as a closed-end investment fund/investment trust. It seeks total return through capital appreciation and current income by investing in a diversified portfolio of convertible securities and high yield fixed income securities. The company was founded on April 17, 2002 and is headquartered in Naperville, IL.