Calamos Global Dynamic Income Fund (NASDAQ:CHW) Short Interest Update

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totaling 22,664 shares, a decline of 31.9% from the March 15th total of 33,293 shares. Based on an average daily trading volume, of 215,323 shares, the days-to-cover ratio is currently 0.1 days.

Calamos Global Dynamic Income Fund Stock Performance

Calamos Global Dynamic Income Fund stock opened at $7.90 on Tuesday. Calamos Global Dynamic Income Fund has a 52 week low of $5.91 and a 52 week high of $8.34. The business has a 50-day simple moving average of $7.76 and a 200 day simple moving average of $7.62.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 14th will be issued a $0.05 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Tuesday, April 14th.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of CHW. Royal Bank of Canada boosted its holdings in shares of Calamos Global Dynamic Income Fund by 91.7% in the 1st quarter. Royal Bank of Canada now owns 246,847 shares of the investment management company’s stock worth $1,577,000 after purchasing an additional 118,085 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Calamos Global Dynamic Income Fund in the 1st quarter worth about $213,000. Raymond James Financial Inc. boosted its holdings in shares of Calamos Global Dynamic Income Fund by 8.2% in the 2nd quarter. Raymond James Financial Inc. now owns 300,860 shares of the investment management company’s stock worth $2,145,000 after purchasing an additional 22,807 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Calamos Global Dynamic Income Fund by 3.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 255,929 shares of the investment management company’s stock worth $1,829,000 after purchasing an additional 8,618 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in shares of Calamos Global Dynamic Income Fund by 66.4% in the 2nd quarter. Captrust Financial Advisors now owns 31,416 shares of the investment management company’s stock worth $224,000 after purchasing an additional 12,533 shares in the last quarter.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.