Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Sees Significant Growth in Short Interest

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 105,000 shares, an increase of 29.8% from the May 15th total of 80,900 shares. Based on an average trading volume of 68,100 shares, the short-interest ratio is currently 1.5 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock opened at $15.98 on Thursday. The stock’s 50-day moving average is $15.59 and its 200-day moving average is $15.44. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of $14.51 and a one year high of $16.20.

Calamos Long/Short Equity & Dynamic Income Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, June 12th will be issued a $0.14 dividend. The ex-dividend date is Thursday, June 12th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.51%.

Institutional Trading of Calamos Long/Short Equity & Dynamic Income Term Trust

A number of institutional investors have recently modified their holdings of CPZ. J.W. Cole Advisors Inc. lifted its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 57.4% in the fourth quarter. J.W. Cole Advisors Inc. now owns 77,586 shares of the company’s stock valued at $1,151,000 after purchasing an additional 28,301 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 41,097 shares of the company’s stock valued at $610,000 after acquiring an additional 3,019 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.9% in the fourth quarter. Private Advisor Group LLC now owns 59,050 shares of the company’s stock valued at $876,000 after acquiring an additional 4,300 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 0.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 197,120 shares of the company’s stock valued at $2,923,000 after acquiring an additional 1,059 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter valued at about $4,527,000.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.