Calamos Convertible and High Income Fund (NASDAQ:CHY) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Calamos Convertible and High Income Fund (NASDAQ:CHY) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.76 and traded as high as $12.31. Calamos Convertible and High Income Fund shares last traded at $12.17, with a volume of 99,613 shares changing hands.

Calamos Convertible and High Income Fund Trading Down 1.1 %

The stock has a fifty day simple moving average of $12.17 and a two-hundred day simple moving average of $11.76.

Calamos Convertible and High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be issued a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.86%. The ex-dividend date is Monday, December 30th.

Institutional Trading of Calamos Convertible and High Income Fund

Several large investors have recently modified their holdings of CHY. Larson Financial Group LLC bought a new stake in Calamos Convertible and High Income Fund in the 2nd quarter valued at about $33,000. US Bancorp DE bought a new stake in shares of Calamos Convertible and High Income Fund during the third quarter valued at approximately $42,000. Quad Cities Investment Group LLC acquired a new position in shares of Calamos Convertible and High Income Fund during the third quarter worth approximately $119,000. Insigneo Advisory Services LLC bought a new position in shares of Calamos Convertible and High Income Fund in the 2nd quarter worth $125,000. Finally, Sanctuary Advisors LLC acquired a new stake in Calamos Convertible and High Income Fund in the 2nd quarter valued at $128,000.

Calamos Convertible and High Income Fund Company Profile

Calamos Convertible and High 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.