Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Up 57.4% in December

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 41,688 shares, an increase of 57.4% from the December 15th total of 26,490 shares. Based on an average daily trading volume, of 144,242 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 144,242 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Brookstone Capital Management grew its position in Calamos Global Dynamic Income Fund by 7.0% during the 4th quarter. Brookstone Capital Management now owns 59,155 shares of the investment management company’s stock worth $438,000 after acquiring an additional 3,869 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Calamos Global Dynamic Income Fund by 25.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 112,821 shares of the investment management company’s stock valued at $857,000 after purchasing an additional 22,925 shares during the period. PMG Family Office LLC bought a new position in shares of Calamos Global Dynamic Income Fund in the third quarter worth approximately $515,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Calamos Global Dynamic Income Fund by 57.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 80,860 shares of the investment management company’s stock worth $610,000 after buying an additional 29,610 shares during the period. Finally, 1607 Capital Partners LLC raised its holdings in Calamos Global Dynamic Income Fund by 18.8% during the 3rd quarter. 1607 Capital Partners LLC now owns 197,687 shares of the investment management company’s stock valued at $1,491,000 after buying an additional 31,336 shares during the last quarter.

Calamos Global Dynamic Income Fund Price Performance

CHW stock opened at $7.84 on Friday. Calamos Global Dynamic Income Fund has a one year low of $5.35 and a one year high of $7.90. The company’s 50 day moving average price is $7.41 and its two-hundred day moving average price is $7.39.

Calamos Global Dynamic Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 9th. Investors of record on Tuesday, December 30th were given a $0.05 dividend. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date was Tuesday, December 30th.

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.