Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Short Interest Update

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 90,400 shares, a drop of 22.1% from the February 13th total of 116,000 shares. Based on an average daily volume of 189,100 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Calamos Convertible Opportunities and Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CHI. Wilmington Savings Fund Society FSB acquired a new stake in Calamos Convertible Opportunities and Income Fund during the third quarter worth $47,000. US Bancorp DE increased its stake in Calamos Convertible Opportunities and Income Fund by 1,997.6% during the third quarter. US Bancorp DE now owns 4,300 shares of the company’s stock worth $50,000 after acquiring an additional 4,095 shares during the last quarter. Larson Financial Group LLC increased its stake in Calamos Convertible Opportunities and Income Fund by 11,441.0% during the third quarter. Larson Financial Group LLC now owns 4,501 shares of the company’s stock worth $52,000 after acquiring an additional 4,462 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new stake in Calamos Convertible Opportunities and Income Fund during the fourth quarter worth $68,000. Finally, Ameriflex Group Inc. purchased a new position in shares of Calamos Convertible Opportunities and Income Fund during the fourth quarter worth $78,000.

Calamos Convertible Opportunities and Income Fund Stock Performance

Shares of NASDAQ:CHI remained flat at $10.07 during midday trading on Wednesday. The company had a trading volume of 69,221 shares, compared to its average volume of 163,517. The firm’s fifty day moving average is $10.97 and its 200-day moving average is $11.49. Calamos Convertible Opportunities and Income Fund has a 12-month low of $9.85 and a 12-month high of $12.33.

Calamos Convertible Opportunities and Income Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.095 per share. The ex-dividend date is Thursday, March 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.