Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Up 8.1% in September

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 29,500 shares, an increase of 8.1% from the September 15th total of 27,300 shares. Based on an average daily trading volume, of 70,200 shares, the short-interest ratio is currently 0.4 days.

Insider Activity at Calamos Long/Short Equity & Dynamic Income Term Trust

In other Calamos Long/Short Equity & Dynamic Income Term Trust news, VP John S. Koudounis sold 24,739 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of 15.41, for a total value of 381,227.99. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

A number of hedge funds have recently added to or reduced their stakes in CPZ. Nomura Holdings Inc. acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter valued at approximately $152,000. Brookstone Capital Management grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 21.3% in the 1st quarter. Brookstone Capital Management now owns 14,747 shares of the company’s stock worth $228,000 after acquiring an additional 2,591 shares during the period. Private Advisor Group LLC grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 26.9% in the 1st quarter. Private Advisor Group LLC now owns 54,800 shares of the company’s stock worth $846,000 after acquiring an additional 11,630 shares during the period. Janney Montgomery Scott LLC grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 6.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 25,568 shares of the company’s stock worth $395,000 after acquiring an additional 1,528 shares during the period. Finally, Whittier Trust Co. purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 1st quarter valued at $116,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Shares of CPZ stock traded down 0.05 during mid-day trading on Thursday, hitting 15.57. 43,620 shares of the stock were exchanged, compared to its average volume of 60,880. The stock’s fifty day simple moving average is 15.53 and its two-hundred day simple moving average is 15.45. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of 13.17 and a 12-month high of 16.03.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th will be issued a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.79%. The ex-dividend date of this dividend is Tuesday, October 15th.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.