Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Declines By 81.4%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a large decline in short interest in September. As of September 30th, there was short interest totalling 24,300 shares, a decline of 81.4% from the September 15th total of 130,900 shares. Based on an average daily volume of 194,700 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Several hedge funds have recently modified their holdings of the company. Private Advisor Group LLC grew its position in Calamos Global Dynamic Income Fund by 0.6% in the second quarter. Private Advisor Group LLC now owns 434,038 shares of the investment management company’s stock worth $2,978,000 after buying an additional 2,600 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Calamos Global Dynamic Income Fund by 27.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 244,296 shares of the investment management company’s stock valued at $1,676,000 after acquiring an additional 52,000 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Calamos Global Dynamic Income Fund by 6.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 50,800 shares of the investment management company’s stock worth $331,000 after purchasing an additional 3,228 shares during the period. Karpus Management Inc. raised its stake in Calamos Global Dynamic Income Fund by 985.9% during the 1st quarter. Karpus Management Inc. now owns 687,048 shares of the investment management company’s stock valued at $4,473,000 after purchasing an additional 623,778 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of Calamos Global Dynamic Income Fund in the first quarter valued at $687,000.

Calamos Global Dynamic Income Fund Stock Performance

Shares of NASDAQ:CHW traded up $0.01 during midday trading on Friday, hitting $7.26. 4,762 shares of the company’s stock traded hands, compared to its average volume of 183,650. Calamos Global Dynamic Income Fund has a twelve month low of $5.07 and a twelve month high of $7.34. The firm’s fifty day moving average price is $6.95 and its two-hundred day moving average price is $6.79.

Calamos Global Dynamic Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.26%.

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.