Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Short Interest Down 8.6% in November

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 215,300 shares, a decline of 8.6% from the October 31st total of 235,500 shares. Based on an average daily volume of 130,900 shares, the short-interest ratio is presently 1.6 days.

Institutional Trading of Calamos Convertible Opportunities and Income Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. D.A. Davidson & CO. increased its holdings in Calamos Convertible Opportunities and Income Fund by 7.4% in the 2nd quarter. D.A. Davidson & CO. now owns 904,653 shares of the company’s stock worth $10,530,000 after buying an additional 62,650 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Calamos Convertible Opportunities and Income Fund by 4.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 634,976 shares of the company’s stock valued at $7,391,000 after purchasing an additional 29,062 shares during the period. Lindbrook Capital LLC grew its stake in shares of Calamos Convertible Opportunities and Income Fund by 4.0% during the 3rd quarter. Lindbrook Capital LLC now owns 283,978 shares of the company’s stock valued at $3,305,000 after purchasing an additional 10,891 shares during the period. Apollon Wealth Management LLC grew its stake in shares of Calamos Convertible Opportunities and Income Fund by 0.9% during the 2nd quarter. Apollon Wealth Management LLC now owns 247,527 shares of the company’s stock valued at $2,881,000 after purchasing an additional 2,240 shares during the period. Finally, Marathon Strategic Advisors LLC grew its stake in shares of Calamos Convertible Opportunities and Income Fund by 2.9% during the 3rd quarter. Marathon Strategic Advisors LLC now owns 193,126 shares of the company’s stock valued at $2,248,000 after purchasing an additional 5,377 shares during the period.

Calamos Convertible Opportunities and Income Fund Stock Down 0.7 %

NASDAQ CHI traded down $0.08 on Tuesday, reaching $11.99. 106,515 shares of the company’s stock traded hands, compared to its average volume of 157,528. Calamos Convertible Opportunities and Income Fund has a 12 month low of $9.70 and a 12 month high of $12.19. The stock has a 50-day simple moving average of $11.77 and a 200 day simple moving average of $11.59.

Calamos Convertible Opportunities and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 13th were issued a $0.095 dividend. This represents a $1.14 annualized dividend and a dividend yield of 9.51%. The ex-dividend date of this dividend was Wednesday, November 13th.

About Calamos Convertible Opportunities and Income Fund

Calamos Convertible Opportunities and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.