Calamos Global Dynamic Income Fund (NASDAQ:CHW) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.72 and traded as high as $6.78. Calamos Global Dynamic Income Fund shares last traded at $6.75, with a volume of 67,304 shares.

Calamos Global Dynamic Income Fund Trading Down 0.1%

The stock’s 50-day simple moving average is $6.38 and its two-hundred day simple moving average is $6.72.

Calamos Global Dynamic Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 13th were given a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.89%. The ex-dividend date of this dividend was Tuesday, May 13th.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

A number of hedge funds have recently modified their holdings of CHW. Parallel Advisors LLC purchased a new stake in shares of Calamos Global Dynamic Income Fund in the first quarter valued at about $37,000. Elequin Capital LP purchased a new stake in shares of Calamos Global Dynamic Income Fund in the fourth quarter valued at about $42,000. NBC Securities Inc. grew its holdings in shares of Calamos Global Dynamic Income Fund by 92,522.2% in the first quarter. NBC Securities Inc. now owns 8,336 shares of the investment management company’s stock valued at $53,000 after purchasing an additional 8,327 shares during the period. Advisor Resource Council purchased a new stake in shares of Calamos Global Dynamic Income Fund in the first quarter valued at about $65,000. Finally, First Manhattan CO. LLC. purchased a new stake in shares of Calamos Global Dynamic Income Fund in the first quarter valued at about $67,000.

About Calamos Global Dynamic Income Fund

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.