Short Interest in Calamos Global Dynamic Income Fund (NASDAQ:CHW) Decreases By 21.4%

Calamos Global Dynamic Income Fund (NASDAQ:CHW) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 21,700 shares, a decline of 21.4% from the May 15th total of 27,600 shares. Based on an average trading volume of 181,200 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Allworth Financial LP raised its holdings in Calamos Global Dynamic Income Fund by 385.8% in the 4th quarter. Allworth Financial LP now owns 4,746 shares of the investment management company’s stock valued at $27,000 after buying an additional 3,769 shares during the last quarter. Nomura Holdings Inc. bought a new position in shares of Calamos Global Dynamic Income Fund during the fourth quarter valued at $60,000. International Assets Investment Management LLC bought a new position in shares of Calamos Global Dynamic Income Fund during the fourth quarter valued at $640,000. Valeo Financial Advisors LLC acquired a new position in shares of Calamos Global Dynamic Income Fund during the fourth quarter worth $75,000. Finally, D.A. Davidson & CO. bought a new stake in shares of Calamos Global Dynamic Income Fund in the fourth quarter worth $92,000.

Calamos Global Dynamic Income Fund Price Performance

CHW stock traded down $0.01 during trading on Friday, reaching $6.88. 60,107 shares of the company were exchanged, compared to its average volume of 185,421. The company has a 50-day moving average of $6.59 and a two-hundred day moving average of $6.22. Calamos Global Dynamic Income Fund has a twelve month low of $5.07 and a twelve month high of $6.99.

Calamos Global Dynamic Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.60 annualized dividend and a dividend yield of 8.72%.

About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.