Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 232.3% in July

Calamos Global Dynamic Income Fund (NASDAQ:CHW) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 54,078 shares, an increase of 232.3% from the June 30th total of 16,276 shares. Based on an average trading volume of 246,079 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CHW. Parallel Advisors LLC boosted its position in shares of Calamos Global Dynamic Income Fund by 23.5% during the 3rd quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock valued at $54,000 after purchasing an additional 1,371 shares in the last quarter. Leigh Baldwin & CO. LLC bought a new stake in shares of Calamos Global Dynamic Income Fund in the 4th quarter worth approximately $74,000. Capital Financial Group Inc. Co. ADV acquired a new stake in Calamos Global Dynamic Income Fund during the first quarter valued at approximately $76,000. Retirement Planning Group LLC acquired a new stake in Calamos Global Dynamic Income Fund during the first quarter valued at approximately $111,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Calamos Global Dynamic Income Fund during the second quarter worth approximately $145,000.

Calamos Global Dynamic Income Fund Price Performance

Shares of NASDAQ CHW traded down $0.10 during mid-day trading on Tuesday, reaching $8.31. 145,048 shares of the company traded hands, compared to its average volume of 209,148. Calamos Global Dynamic Income Fund has a fifty-two week low of $6.98 and a fifty-two week high of $9.18. The stock has a fifty day simple moving average of $8.78 and a 200-day simple moving average of $8.23.

Calamos Global Dynamic Income Fund Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 14th were issued a $0.06 dividend. This represents a c) annualized dividend and a dividend yield of 8.7%. This is a positive change from Calamos Global Dynamic Income Fund’s previous monthly dividend of $0.05. The ex-dividend date was Tuesday, July 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.