Calamos Convertible and High Income Fund (NASDAQ:CHY) Short Interest Update

Calamos Convertible and High Income Fund (NASDAQ:CHY) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 247,400 shares, a growth of 35.8% from the March 15th total of 182,200 shares. Based on an average trading volume of 281,600 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of Calamos Convertible and High Income Fund

A number of large investors have recently added to or reduced their stakes in the stock. Financial Advocates Investment Management raised its holdings in shares of Calamos Convertible and High Income Fund by 4.0% in the 4th quarter. Financial Advocates Investment Management now owns 25,140 shares of the investment management company’s stock worth $305,000 after purchasing an additional 960 shares during the period. Blue Trust Inc. purchased a new stake in Calamos Convertible and High Income Fund in the fourth quarter worth $36,000. Pacific Wealth Strategies Group Inc. raised its stake in shares of Calamos Convertible and High Income Fund by 2.8% in the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 726,109 shares of the investment management company’s stock valued at $8,815,000 after buying an additional 19,677 shares during the period. Dumont & Blake Investment Advisors LLC lifted its position in shares of Calamos Convertible and High Income Fund by 0.7% during the 4th quarter. Dumont & Blake Investment Advisors LLC now owns 236,321 shares of the investment management company’s stock valued at $2,869,000 after buying an additional 1,547 shares during the last quarter. Finally, PFG Investments LLC grew its stake in shares of Calamos Convertible and High Income Fund by 27.2% during the 4th quarter. PFG Investments LLC now owns 29,859 shares of the investment management company’s stock worth $362,000 after acquiring an additional 6,380 shares during the period.

Calamos Convertible and High Income Fund Stock Up 1.2 %

CHY stock traded up $0.12 during midday trading on Friday, hitting $9.87. The company’s stock had a trading volume of 201,923 shares, compared to its average volume of 189,774. Calamos Convertible and High Income Fund has a 1 year low of $8.99 and a 1 year high of $12.59. The stock’s 50-day moving average price is $10.40 and its 200 day moving average price is $11.42.

Calamos Convertible and High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, April 21st. Investors of record on Friday, April 11th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, April 11th. This represents a $1.20 annualized dividend and a yield of 12.16%.

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.