Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Significant Growth in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 45,200 shares, a growth of 86.0% from the September 30th total of 24,300 shares. Based on an average trading volume of 190,900 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. GHP Investment Advisors Inc. purchased a new position in Calamos Global Dynamic Income Fund during the third quarter valued at approximately $30,000. MRA Advisory Group purchased a new position in shares of Calamos Global Dynamic Income Fund during the 1st quarter valued at approximately $107,000. 9258 Wealth Management LLC purchased a new position in shares of Calamos Global Dynamic Income Fund during the 1st quarter valued at approximately $206,000. J.W. Cole Advisors Inc. acquired a new position in shares of Calamos Global Dynamic Income Fund in the 2nd quarter valued at $214,000. Finally, Brookstone Capital Management boosted its holdings in Calamos Global Dynamic Income Fund by 23.5% during the first quarter. Brookstone Capital Management now owns 33,676 shares of the investment management company’s stock worth $219,000 after buying an additional 6,406 shares in the last quarter.

Calamos Global Dynamic Income Fund Trading Up 0.5 %

Shares of Calamos Global Dynamic Income Fund stock traded up $0.04 during trading on Friday, hitting $7.16. 222,789 shares of the company’s stock were exchanged, compared to its average volume of 182,127. The business has a 50-day simple moving average of $7.07 and a 200-day simple moving average of $6.84. Calamos Global Dynamic Income Fund has a 52-week low of $5.07 and a 52-week high of $7.35.

Calamos Global Dynamic Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 15th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.39%.

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.