Short Interest in Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Decreases By 44.8%

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 116,000 shares, a decline of 44.8% from the January 31st total of 210,100 shares. Based on an average daily volume of 168,500 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Calamos Convertible Opportunities and Income Fund

A number of institutional investors have recently modified their holdings of CHI. Wilmington Savings Fund Society FSB bought a new stake in shares of Calamos Convertible Opportunities and Income Fund in the third quarter valued at about $47,000. US Bancorp DE boosted its position in shares of Calamos Convertible Opportunities and Income Fund by 1,997.6% in the third quarter. US Bancorp DE now owns 4,300 shares of the company’s stock valued at $50,000 after acquiring an additional 4,095 shares during the period. Larson Financial Group LLC boosted its position in shares of Calamos Convertible Opportunities and Income Fund by 11,441.0% in the third quarter. Larson Financial Group LLC now owns 4,501 shares of the company’s stock valued at $52,000 after acquiring an additional 4,462 shares during the period. Union Bancaire Privee UBP SA bought a new stake in shares of Calamos Convertible Opportunities and Income Fund in the fourth quarter valued at about $68,000. Finally, Ameriflex Group Inc. bought a new stake in shares of Calamos Convertible Opportunities and Income Fund in the fourth quarter valued at about $78,000.

Calamos Convertible Opportunities and Income Fund Price Performance

Shares of NASDAQ:CHI traded down $0.02 on Monday, hitting $10.28. The company had a trading volume of 295,052 shares, compared to its average volume of 197,344. Calamos Convertible Opportunities and Income Fund has a 1-year low of $10.16 and a 1-year high of $12.33. The stock has a 50 day moving average price of $11.41 and a 200 day moving average price of $11.60.

Calamos Convertible Opportunities and Income Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, February 13th were given a $0.095 dividend. The ex-dividend date was Thursday, February 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.