Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Calamos Global Dynamic Income Fund (NASDAQ:CHW) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.70 and traded as high as $6.91. Calamos Global Dynamic Income Fund shares last traded at $6.78, with a volume of 208,354 shares changing hands.

Calamos Global Dynamic Income Fund Trading Down 0.9%

The stock’s 50 day simple moving average is $6.62 and its two-hundred day simple moving average is $6.70.

Calamos Global Dynamic Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, June 20th. Stockholders of record on Thursday, June 12th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $0.60 annualized dividend and a dividend yield of 8.85%.

Institutional Trading of Calamos Global Dynamic Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of CHW. Parallel Advisors LLC bought a new stake in shares of Calamos Global Dynamic Income Fund during the first quarter valued at approximately $37,000. Elequin Capital LP bought a new stake in shares of Calamos Global Dynamic Income Fund during the fourth quarter valued at approximately $42,000. NBC Securities Inc. increased its position in shares of Calamos Global Dynamic Income Fund by 92,522.2% during the first quarter. NBC Securities Inc. now owns 8,336 shares of the investment management company’s stock valued at $53,000 after acquiring an additional 8,327 shares in the last quarter. Advisor Resource Council bought a new stake in shares of Calamos Global Dynamic Income Fund in the 1st quarter worth $65,000. Finally, First Manhattan CO. LLC. bought a new stake in shares of Calamos Global Dynamic Income Fund in the 1st quarter worth $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.