Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Significant Growth in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 22,579 shares, an increase of 214.8% from the April 15th total of 7,172 shares. Based on an average trading volume of 188,310 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of CHW. Pathstone Holdings LLC purchased a new position in Calamos Global Dynamic Income Fund during the 3rd quarter valued at about $9,968,000. Advisors Asset Management Inc. grew its stake in shares of Calamos Global Dynamic Income Fund by 33.8% in the 4th quarter. Advisors Asset Management Inc. now owns 1,517,250 shares of the investment management company’s stock valued at $11,243,000 after buying an additional 383,511 shares in the last quarter. Adapt Wealth Advisors LLC bought a new stake in shares of Calamos Global Dynamic Income Fund in the 3rd quarter valued at approximately $2,631,000. Cerity Partners LLC bought a new stake in shares of Calamos Global Dynamic Income Fund in the 4th quarter valued at approximately $1,503,000. Finally, Altium Capital Management LLC grew its stake in shares of Calamos Global Dynamic Income Fund by 149.5% in the 1st quarter. Altium Capital Management LLC now owns 328,901 shares of the investment management company’s stock valued at $2,388,000 after buying an additional 197,098 shares in the last quarter.

Calamos Global Dynamic Income Fund Trading Down 2.9%

NASDAQ:CHW traded down $0.26 on Friday, hitting $8.64. 253,520 shares of the company’s stock traded hands, compared to its average volume of 197,460. Calamos Global Dynamic Income Fund has a 1 year low of $6.69 and a 1 year high of $8.93. The firm has a 50-day moving average price of $7.88 and a 200-day moving average price of $7.74.

Calamos Global Dynamic Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.05 per share. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Thursday, May 14th.

Calamos Global Dynamic Income Fund Company Profile

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.