Insider Selling: Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) CFO Sells 13,392 Shares of Stock

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) CFO Thomas E. Herman sold 13,392 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $15.58, for a total value of $208,647.36. Following the transaction, the chief financial officer now owns 13,391 shares of the company’s stock, valued at approximately $208,631.78. This represents a 50.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

CPZ stock remained flat at $15.69 during midday trading on Friday. The company had a trading volume of 33,750 shares, compared to its average volume of 79,444. The stock’s 50-day moving average price is $15.35 and its 200-day moving average price is $15.48. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $14.67 and a 12 month high of $16.03.

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

The company also recently declared a — dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were paid a $0.3359 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a yield of 26.5%.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Walleye Capital LLC purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter worth $290,000. Shaker Financial Services LLC grew its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 38.7% in the third quarter. Shaker Financial Services LLC now owns 21,188 shares of the company’s stock worth $332,000 after acquiring an additional 5,916 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 9.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 35,356 shares of the company’s stock worth $524,000 after acquiring an additional 3,160 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the second quarter worth $765,000. Finally, J.W. Cole Advisors Inc. grew its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 196.9% in the third quarter. J.W. Cole Advisors Inc. now owns 49,285 shares of the company’s stock worth $773,000 after acquiring an additional 32,687 shares during the last quarter.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

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.