Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Decreases By 74.7%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 16,276 shares, a decline of 74.7% from the June 15th total of 64,352 shares. Based on an average trading volume of 188,138 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC lifted its holdings in Calamos Global Dynamic Income Fund by 23.5% in the third quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock valued at $54,000 after buying an additional 1,371 shares during the period. Leigh Baldwin & CO. LLC acquired a new stake in Calamos Global Dynamic Income Fund during the 4th quarter worth about $74,000. Capital Financial Group Inc. Co. ADV bought a new position in shares of Calamos Global Dynamic Income Fund in the 1st quarter worth about $76,000. Retirement Planning Group LLC bought a new position in shares of Calamos Global Dynamic Income Fund in the 1st quarter worth about $111,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Calamos Global Dynamic Income Fund in the 2nd quarter valued at about $145,000.

Calamos Global Dynamic Income Fund Stock Performance

CHW stock traded up $0.01 during trading on Friday, hitting $8.82. The company had a trading volume of 137,976 shares, compared to its average volume of 205,499. The business has a 50-day moving average of $8.78 and a 200-day moving average of $8.14. Calamos Global Dynamic Income Fund has a one year low of $6.98 and a one year high of $9.18.

Calamos Global Dynamic Income Fund Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 14th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, July 14th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. This is an increase from Calamos Global Dynamic Income Fund’s previous monthly dividend of $0.05.

About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.