Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Large Growth in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 131,700 shares, an increase of 48.1% from the February 28th total of 88,900 shares. Based on an average daily volume of 181,200 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Several large investors have recently made changes to their positions in the business. Elequin Capital LP acquired a new stake in Calamos Global Dynamic Income Fund during the fourth quarter valued at approximately $42,000. Waverly Advisors LLC bought a new position in shares of Calamos Global Dynamic Income Fund in the fourth quarter valued at $209,000. Baird Financial Group Inc. lifted its position in shares of Calamos Global Dynamic Income Fund by 0.3% during the 4th quarter. Baird Financial Group Inc. now owns 1,215,342 shares of the investment management company’s stock valued at $8,204,000 after acquiring an additional 3,156 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Calamos Global Dynamic Income Fund by 1.0% during the 4th quarter. Ameriprise Financial Inc. now owns 244,242 shares of the investment management company’s stock worth $1,662,000 after acquiring an additional 2,419 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC acquired a new position in shares of Calamos Global Dynamic Income Fund in the 4th quarter worth $304,000.

Calamos Global Dynamic Income Fund Stock Down 2.0 %

Shares of CHW traded down $0.13 during midday trading on Friday, reaching $6.43. The stock had a trading volume of 179,895 shares, compared to its average volume of 175,245. The firm’s 50 day moving average price is $6.80 and its 200-day moving average price is $6.94. Calamos Global Dynamic Income Fund has a 52 week low of $6.13 and a 52 week high of $7.35.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th were issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 9.33%. The ex-dividend date of this dividend was Thursday, March 13th.

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.