Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Share Price Crosses Below 50 Day Moving Average of $11.13

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $11.13 and traded as low as $10.94. Calamos Convertible Opportunities and Income Fund shares last traded at $10.95, with a volume of 130,574 shares changing hands.

Calamos Convertible Opportunities and Income Fund Stock Performance

The business has a 50-day moving average price of $11.13 and a 200 day moving average price of $10.65.

Calamos Convertible Opportunities and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 19th. Stockholders of record on Friday, April 12th were given a dividend of $0.095 per share. The ex-dividend date was Thursday, April 11th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 10.41%.

Institutional Trading of Calamos Convertible Opportunities and Income Fund

Hedge funds have recently modified their holdings of the business. LPL Financial LLC lifted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 0.9% in the third quarter. LPL Financial LLC now owns 586,703 shares of the company’s stock valued at $6,184,000 after purchasing an additional 5,007 shares in the last quarter. UBS Group AG lifted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 1.6% in the third quarter. UBS Group AG now owns 1,500,909 shares of the company’s stock valued at $15,820,000 after purchasing an additional 23,996 shares in the last quarter. SAM Advisors LLC acquired a new position in shares of Calamos Convertible Opportunities and Income Fund in the third quarter worth $210,000. Kestra Private Wealth Services LLC increased its stake in shares of Calamos Convertible Opportunities and Income Fund by 39.0% in the third quarter. Kestra Private Wealth Services LLC now owns 16,665 shares of the company’s stock worth $176,000 after acquiring an additional 4,678 shares during the last quarter. Finally, D.A. Davidson & CO. increased its stake in shares of Calamos Convertible Opportunities and Income Fund by 1.1% in the third quarter. D.A. Davidson & CO. now owns 653,732 shares of the company’s stock worth $6,890,000 after acquiring an additional 7,292 shares during the last quarter.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.