Calamos Global Dynamic Income Fund (NASDAQ:CHW) Sees Large Increase in Short Interest

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 64,352 shares, a growth of 503.7% from the May 31st total of 10,660 shares. Based on an average daily trading volume, of 225,563 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

A number of large investors have recently bought and sold shares of the business. Royal Bank of Canada raised its holdings in Calamos Global Dynamic Income Fund by 91.7% during the first quarter. Royal Bank of Canada now owns 246,847 shares of the investment management company’s stock valued at $1,577,000 after buying an additional 118,085 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Calamos Global Dynamic Income Fund during the 1st quarter valued at about $213,000. Raymond James Financial Inc. raised its stake in shares of Calamos Global Dynamic Income Fund by 8.2% in the 2nd quarter. Raymond James Financial Inc. now owns 300,860 shares of the investment management company’s stock valued at $2,145,000 after acquiring an additional 22,807 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Calamos Global Dynamic Income Fund by 3.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 255,929 shares of the investment management company’s stock valued at $1,829,000 after acquiring an additional 8,618 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in Calamos Global Dynamic Income Fund by 66.4% in the 2nd quarter. Captrust Financial Advisors now owns 31,416 shares of the investment management company’s stock worth $224,000 after purchasing an additional 12,533 shares during the last quarter.

Calamos Global Dynamic Income Fund Price Performance

CHW traded up $0.07 during midday trading on Friday, hitting $8.81. 24,240 shares of the company’s stock traded hands, compared to its average volume of 200,635. The stock’s fifty day simple moving average is $8.63 and its 200-day simple moving average is $8.02. Calamos Global Dynamic Income Fund has a one year low of $6.98 and a one year high of $9.18.

Calamos Global Dynamic Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, June 22nd. Stockholders of record on Friday, June 12th were issued a dividend of $0.05 per share. The ex-dividend date was Friday, June 12th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.