Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Large Increase in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 69,000 shares, a growth of 53.7% from the October 31st total of 44,900 shares. Based on an average daily trading volume, of 206,700 shares, the days-to-cover ratio is presently 0.3 days.

Calamos Global Dynamic Income Fund Trading Up 0.9 %

Calamos Global Dynamic Income Fund stock traded up $0.06 during mid-day trading on Friday, reaching $7.07. 78,518 shares of the company traded hands, compared to its average volume of 180,626. Calamos Global Dynamic Income Fund has a fifty-two week low of $5.51 and a fifty-two week high of $7.35. The firm’s fifty day moving average is $7.09 and its two-hundred day moving average is $6.94.

Calamos Global Dynamic Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 13th were issued a $0.05 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.49%.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in CHW. GHP Investment Advisors Inc. acquired a new position in Calamos Global Dynamic Income Fund during the third quarter worth approximately $30,000. Farther Finance Advisors LLC purchased a new stake in shares of Calamos Global Dynamic Income Fund during the 3rd quarter worth $62,000. TD Private Client Wealth LLC acquired a new position in Calamos Global Dynamic Income Fund during the third quarter worth about $73,000. Arete Wealth Advisors LLC grew its holdings in shares of Calamos Global Dynamic Income Fund by 24.5% in the 3rd quarter. Arete Wealth Advisors LLC now owns 12,688 shares of the investment management company’s stock worth $91,000 after acquiring an additional 2,496 shares during the period. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of Calamos Global Dynamic Income Fund in the second quarter valued at $214,000.

About Calamos Global Dynamic Income Fund

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.