Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 48.1% in March

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.

Calamos Global Dynamic Income Fund Price Performance

CHW stock traded down $0.13 during midday trading on Friday, hitting $6.43. 179,895 shares of the company’s stock were exchanged, compared to its average volume of 175,245. The firm has a 50 day moving average price of $6.80 and a 200-day moving average price of $6.94. Calamos Global Dynamic Income Fund has a 12-month low of $6.13 and a 12-month high of $7.35.

Calamos Global Dynamic Income Fund Announces Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CHW. Elequin Capital LP acquired a new position in shares of Calamos Global Dynamic Income Fund in the 4th quarter worth approximately $42,000. TD Private Client Wealth LLC acquired a new position in Calamos Global Dynamic Income Fund in the third quarter worth $73,000. Apollon Wealth Management LLC bought a new stake in Calamos Global Dynamic Income Fund during the fourth quarter valued at $79,000. Blue Bell Private Wealth Management LLC acquired a new stake in shares of Calamos Global Dynamic Income Fund during the fourth quarter worth $86,000. Finally, Arete Wealth Advisors LLC lifted its position in shares of Calamos Global Dynamic Income Fund by 24.5% in the 3rd quarter. Arete Wealth Advisors LLC now owns 12,688 shares of the investment management company’s stock worth $91,000 after buying an additional 2,496 shares during the last quarter.

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.