Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 57.4% in December

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 41,688 shares, a growth of 57.4% from the December 15th total of 26,490 shares. Based on an average daily trading volume, of 144,242 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 144,242 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

A number of institutional investors have recently added to or reduced their stakes in CHW. Brookstone Capital Management grew its position in Calamos Global Dynamic Income Fund by 26.1% in the third quarter. Brookstone Capital Management now owns 55,286 shares of the investment management company’s stock valued at $417,000 after acquiring an additional 11,439 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of Calamos Global Dynamic Income Fund in the 2nd quarter valued at $99,000. Karpus Management Inc. grew its holdings in shares of Calamos Global Dynamic Income Fund by 23.0% in the 2nd quarter. Karpus Management Inc. now owns 1,656,186 shares of the investment management company’s stock worth $11,809,000 after purchasing an additional 310,155 shares during the last quarter. Guggenheim Capital LLC increased its position in shares of Calamos Global Dynamic Income Fund by 7.7% during the 2nd quarter. Guggenheim Capital LLC now owns 1,039,131 shares of the investment management company’s stock worth $7,409,000 after purchasing an additional 74,431 shares in the last quarter. Finally, Shaker Financial Services LLC lifted its holdings in Calamos Global Dynamic Income Fund by 13.8% during the 2nd quarter. Shaker Financial Services LLC now owns 841,470 shares of the investment management company’s stock valued at $6,000,000 after purchasing an additional 101,929 shares during the last quarter.

Calamos Global Dynamic Income Fund Price Performance

Calamos Global Dynamic Income Fund stock opened at $7.84 on Friday. The firm’s 50 day simple moving average is $7.41 and its 200-day simple moving average is $7.39. Calamos Global Dynamic Income Fund has a fifty-two week low of $5.35 and a fifty-two week high of $7.90.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, January 9th. Investors of record on Tuesday, December 30th were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.