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 February. As of February 15th, there was short interest totalling 93,700 shares, an increase of 61.3% from the January 31st total of 58,100 shares. Based on an average trading volume of 154,900 shares, the short-interest ratio is presently 0.6 days.

Calamos Global Dynamic Income Fund Trading Down 0.7 %

Shares of CHW traded down $0.05 during trading hours on Monday, hitting $6.69. The company had a trading volume of 184,327 shares, compared to its average volume of 159,676. Calamos Global Dynamic Income Fund has a one year low of $6.13 and a one year high of $7.35. The company’s fifty day moving average price is $6.87 and its two-hundred day moving average price is $6.99.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 21st. Investors of record on Thursday, February 13th were given a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 8.97%. The ex-dividend date was Thursday, February 13th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Elequin Capital LP acquired a new position in Calamos Global Dynamic Income Fund during the 4th quarter valued at about $42,000. Farther Finance Advisors LLC acquired a new position in Calamos Global Dynamic Income Fund during the 3rd quarter valued at about $62,000. TD Private Client Wealth LLC acquired a new position in Calamos Global Dynamic Income Fund during the 3rd quarter valued at about $73,000. Apollon Wealth Management LLC acquired a new position in Calamos Global Dynamic Income Fund during the 4th quarter valued at about $79,000. Finally, Blue Bell Private Wealth Management LLC acquired a new position in Calamos Global Dynamic Income Fund during the 4th quarter valued at about $86,000.

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.