Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 28.1% in March

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 33,293 shares, a growth of 28.1% from the February 26th total of 25,982 shares. Based on an average daily trading volume, of 167,736 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Calamos Global Dynamic Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of Calamos Global Dynamic Income Fund by 91.7% in the first quarter. Royal Bank of Canada now owns 246,847 shares of the investment management company’s stock worth $1,577,000 after buying an additional 118,085 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Calamos Global Dynamic Income Fund during the first quarter valued at approximately $213,000. Guggenheim Capital LLC raised its holdings in Calamos Global Dynamic Income Fund by 7.7% in the 2nd quarter. Guggenheim Capital LLC now owns 1,039,131 shares of the investment management company’s stock worth $7,409,000 after acquiring an additional 74,431 shares during the last quarter. Karpus Management Inc. raised its holdings in 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 acquiring an additional 310,155 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in Calamos Global Dynamic Income Fund by 8.2% in the 2nd quarter. Raymond James Financial Inc. now owns 300,860 shares of the investment management company’s stock valued at $2,145,000 after acquiring an additional 22,807 shares in the last quarter.

Calamos Global Dynamic Income Fund Price Performance

NASDAQ CHW opened at $7.03 on Monday. Calamos Global Dynamic Income Fund has a 12 month low of $5.35 and a 12 month high of $8.34. The stock’s fifty day moving average price is $7.85 and its 200-day moving average price is $7.62.

Calamos Global Dynamic Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 13th were given a dividend of $0.05 per share. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend was Friday, March 13th.

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.