Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Shares Pass Below 50 Day Moving Average – What’s Next?

Posted by Stacy Sanders on Mar 26th, 2025

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD – Get Free Report)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $23.46 and traded as low as $21.89. Calamos Dynamic Convertible and Income Fund shares last traded at $22.02, with a volume of 39,923 shares traded.

Calamos Dynamic Convertible and Income Fund Stock Performance

The business’s 50-day moving average is $23.46 and its 200-day moving average is $24.13.

Calamos Dynamic Convertible and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.195 per share. The ex-dividend date was Thursday, March 13th. This represents a $2.34 annualized dividend and a dividend yield of 10.63%.

Institutional Trading of Calamos Dynamic Convertible and Income Fund

Hedge funds have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB purchased a new position in Calamos Dynamic Convertible and Income Fund during the third quarter valued at $30,000. Westside Investment Management Inc. bought a new position in Calamos Dynamic Convertible and Income Fund in the 4th quarter worth about $41,000. ORG Partners LLC purchased a new stake in Calamos Dynamic Convertible and Income Fund during the 4th quarter valued at about $46,000. Eastern Bank bought a new stake in Calamos Dynamic Convertible and Income Fund during the 4th quarter valued at about $47,000. Finally, GWN Securities Inc. purchased a new position in Calamos Dynamic Convertible and Income Fund in the fourth quarter worth about $208,000.

About Calamos Dynamic Convertible and Income Fund

(Get Free Report)

Calamos Dynamic Convertible 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 portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.