Short Interest in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Decreases By 83.2%

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 5,986 shares, a decline of 83.2% from the April 15th total of 35,562 shares. Based on an average daily trading volume, of 94,237 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Calamos Long/Short Equity & Dynamic Income Term Trust

A number of institutional investors and hedge funds have recently bought and sold shares of CPZ. Bank of America Corp DE raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the fourth quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock worth $52,000 after buying an additional 1,244 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.5% during the fourth quarter. Invesco Ltd. now owns 11,207 shares of the company’s stock valued at $164,000 after buying an additional 785 shares during the last quarter. Fortis Capital Advisors LLC bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter valued at approximately $171,000. Belpointe Asset Management LLC bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter valued at approximately $171,000. Finally, Sovran Advisors LLC purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the 3rd quarter worth approximately $182,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 2.5%

Calamos Long/Short Equity & Dynamic Income Term Trust stock traded down $0.34 during mid-day trading on Thursday, hitting $13.00. The company had a trading volume of 106,467 shares, compared to its average volume of 83,821. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $12.97 and a 12 month high of $16.82. The stock’s 50 day moving average price is $13.93 and its two-hundred day moving average price is $14.59.

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

The company also recently declared a monthly dividend, which will be paid on Thursday, May 21st. Investors of record on Thursday, May 14th will be paid a $0.14 dividend. The ex-dividend date is Thursday, May 14th. This represents a c) dividend on an annualized basis and a yield of 12.9%.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.