Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Short Interest Up 41.3% in February

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 398,700 shares, an increase of 41.3% from the January 29th total of 282,093 shares. Based on an average daily volume of 210,031 shares, the short-interest ratio is currently 1.9 days. Based on an average daily volume of 210,031 shares, the short-interest ratio is currently 1.9 days.

Institutional Trading of Calamos Convertible Opportunities and Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC bought a new position in Calamos Convertible Opportunities and Income Fund in the first quarter worth $97,000. GHP Investment Advisors Inc. acquired a new position in shares of Calamos Convertible Opportunities and Income Fund in the 2nd quarter valued at $25,000. Allworth Financial LP lifted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 68.6% during the 2nd quarter. Allworth Financial LP now owns 8,935 shares of the company’s stock worth $94,000 after acquiring an additional 3,635 shares during the period. Grange Capital LLC boosted its position in shares of Calamos Convertible Opportunities and Income Fund by 17.3% during the 2nd quarter. Grange Capital LLC now owns 255,510 shares of the company’s stock valued at $2,688,000 after acquiring an additional 37,649 shares in the last quarter. Finally, Samalin Investment Counsel LLC increased its stake in Calamos Convertible Opportunities and Income Fund by 14.4% in the second quarter. Samalin Investment Counsel LLC now owns 53,676 shares of the company’s stock valued at $565,000 after acquiring an additional 6,762 shares during the period.

Calamos Convertible Opportunities and Income Fund Stock Performance

NASDAQ:CHI opened at $11.44 on Monday. The firm’s 50-day moving average is $11.18 and its 200-day moving average is $10.92. Calamos Convertible Opportunities and Income Fund has a 52-week low of $8.41 and a 52-week high of $11.75.

Calamos Convertible Opportunities and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, February 23rd. Shareholders of record on Friday, February 13th were issued a $0.095 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a c) annualized dividend and a yield of 10.0%.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) is a diversified, closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund primarily invests in convertible securities, including convertible bonds and preferred stocks, as well as high-yield debt instruments and equity securities. By blending income-generating instruments with the capital-appreciation potential of convertibles, CHI aims to provide investors with a balanced risk-return profile.

The fund pursues its investment strategy through fundamental research and active security selection, targeting issuers across various sectors and geographies.