Short Interest in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Increases By 34.7%

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 88,500 shares, a growth of 34.7% from the February 13th total of 65,700 shares. Based on an average daily volume of 79,800 shares, the days-to-cover ratio is presently 1.1 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Up 1.0 %

Shares of NASDAQ:CPZ traded up $0.15 during midday trading on Monday, hitting $15.63. 49,293 shares of the stock were exchanged, compared to its average volume of 71,293. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of $14.67 and a twelve month high of $16.03. The company has a 50 day moving average price of $15.42 and a 200-day moving average price of $15.47.

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

The business also recently declared a monthly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th will be issued a $0.14 dividend. The ex-dividend date is Thursday, March 13th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.75%.

Insider Transactions at Calamos Long/Short Equity & Dynamic Income Term Trust

In other Calamos Long/Short Equity & Dynamic Income Term Trust news, CFO Thomas E. Herman sold 13,392 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of $15.58, for a total transaction of $208,647.36. Following the transaction, the chief financial officer now owns 13,391 shares in the company, valued at approximately $208,631.78. The trade was a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Institutional Trading of Calamos Long/Short Equity & Dynamic Income Term Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake 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 worth $52,000 after acquiring an additional 1,244 shares during the period. Integrated Advisors Network LLC purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter valued at $168,000. Walleye Capital LLC acquired a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter valued at $290,000. Janney Montgomery Scott LLC lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 9.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 35,356 shares of the company’s stock worth $524,000 after buying an additional 3,160 shares during the period. Finally, Blue Bell Private Wealth Management LLC boosted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 11.3% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 39,150 shares of the company’s stock worth $581,000 after buying an additional 3,968 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.