Penserra Capital Management LLC Purchases 38,105 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ

Penserra Capital Management LLC lifted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 14.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 302,794 shares of the company’s stock after purchasing an additional 38,105 shares during the period. Penserra Capital Management LLC’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $4,893,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in CPZ. AdvisorNet Financial Inc increased its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 50.7% in the 3rd quarter. AdvisorNet Financial Inc now owns 2,816 shares of the company’s stock worth $46,000 after buying an additional 947 shares during the period. Bank of America Corp DE boosted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the 4th quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock valued at $52,000 after purchasing an additional 1,244 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 52.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,650 shares of the company’s stock valued at $59,000 after purchasing an additional 1,250 shares during the period. Fortis Capital Advisors LLC acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the 3rd quarter worth $171,000. Finally, Belpointe Asset Management LLC bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 3rd quarter worth about $171,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Up 0.3%

Shares of CPZ opened at $14.82 on Friday. The company has a 50-day simple moving average of $14.87 and a 200-day simple moving average of $15.61. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52 week low of $14.50 and a 52 week high of $16.82.

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

The company also recently declared a dividend, which will be paid on Monday, February 23rd. Shareholders of record on Friday, February 13th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, February 13th.

Insider Activity at Calamos Long/Short Equity & Dynamic Income Term Trust

In other news, Chairman John P. Sr Calamos, Sr. sold 20,000 shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $14.60, for a total transaction of $292,000.00. Following the sale, the chairman owned 38,817 shares of the company’s stock, valued at approximately $566,728.20. This trade represents a 34.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.