Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Update

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 80,900 shares, an increase of 32.8% from the April 30th total of 60,900 shares. Based on an average trading volume of 69,800 shares, the days-to-cover ratio is presently 1.2 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Shares of NASDAQ:CPZ opened at $15.92 on Wednesday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52-week low of $14.51 and a 52-week high of $16.03. The stock’s fifty day simple moving average is $15.41 and its 200-day simple moving average is $15.41.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 13th were paid a $0.14 dividend. This represents a $1.68 annualized dividend and a yield of 10.55%. The ex-dividend date of this dividend was Tuesday, May 13th.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Several hedge funds have recently modified their holdings of CPZ. Private Advisor Group LLC lifted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 1.5% during the first quarter. Private Advisor Group LLC now owns 59,950 shares of the company’s stock valued at $933,000 after buying an additional 900 shares during the period. Oppenheimer & Co. Inc. grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 0.5% in the 4th quarter. Oppenheimer & Co. Inc. now owns 197,120 shares of the company’s stock worth $2,923,000 after acquiring an additional 1,059 shares during the period. Bank of America Corp DE raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the 4th quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock valued at $52,000 after acquiring an additional 1,244 shares during the last quarter. LPL Financial LLC lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 1.4% during the fourth quarter. LPL Financial LLC now owns 114,315 shares of the company’s stock worth $1,695,000 after buying an additional 1,538 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 9.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,667 shares of the company’s stock worth $322,000 after acquiring an additional 1,707 shares during the last quarter.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.