Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Expands By 40.7%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 58,100 shares, an increase of 40.7% from the January 15th total of 41,300 shares. Based on an average trading volume of 160,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Calamos Global Dynamic Income Fund

Several large investors have recently made changes to their positions in CHW. Saxony Capital Management LLC grew its stake in shares of Calamos Global Dynamic Income Fund by 10.6% in the 3rd quarter. Saxony Capital Management LLC now owns 83,500 shares of the investment management company’s stock valued at $599,000 after buying an additional 8,000 shares during the period. International Assets Investment Management LLC bought a new position in Calamos Global Dynamic Income Fund in the 3rd quarter valued at about $980,000. Dakota Wealth Management lifted its position in Calamos Global Dynamic Income Fund by 3.0% in the 3rd quarter. Dakota Wealth Management now owns 59,500 shares of the investment management company’s stock valued at $427,000 after acquiring an additional 1,760 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Calamos Global Dynamic Income Fund by 9.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 267,596 shares of the investment management company’s stock valued at $1,919,000 after acquiring an additional 23,300 shares in the last quarter. Finally, GHP Investment Advisors Inc. bought a new position in Calamos Global Dynamic Income Fund in the 3rd quarter valued at about $30,000.

Calamos Global Dynamic Income Fund Stock Performance

Shares of CHW traded up $0.01 during trading hours on Friday, hitting $7.02. The stock had a trading volume of 129,171 shares, compared to its average volume of 157,889. The firm has a 50 day simple moving average of $6.90 and a 200-day simple moving average of $6.97. Calamos Global Dynamic Income Fund has a 1-year low of $6.06 and a 1-year high of $7.35.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, February 13th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 8.55%.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.