Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Update

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 27,400 shares, an increase of 188.4% from the May 31st total of 9,500 shares. Based on an average daily volume of 56,000 shares, the short-interest ratio is presently 0.5 days.

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 purchased 16,308 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was bought at an average cost of 15.55 per share, with a total value of 253,589.40. Following the purchase, the chief financial officer now directly owns 26,783 shares of the company’s stock, valued at 416,475.65. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

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

A number of hedge funds and other institutional investors have recently modified their holdings of CPZ. Janney Montgomery Scott LLC grew its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 6.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 25,568 shares of the company’s stock valued at $395,000 after buying an additional 1,528 shares during the last quarter. Brookstone Capital Management increased its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 21.3% in the first quarter. Brookstone Capital Management now owns 14,747 shares of the company’s stock worth $228,000 after purchasing an additional 2,591 shares in the last quarter. Comerica Bank increased its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 14.3% during the 1st quarter. Comerica Bank now owns 24,604 shares of the company’s stock worth $380,000 after purchasing an additional 3,082 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 32.8% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 13,346 shares of the company’s stock worth $193,000 after purchasing an additional 3,300 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 10.1% during the third quarter. Kestra Advisory Services LLC now owns 44,106 shares of the company’s stock valued at $652,000 after buying an additional 4,055 shares during the last quarter.

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

Shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock traded down 0.03 on Thursday, hitting 15.17. The stock had a trading volume of 18,327 shares, compared to its average volume of 56,149. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of 13.17 and a twelve month high of 16.11. The business’s 50 day moving average is 15.43 and its two-hundred day moving average is 15.14.

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

The business also recently declared a monthly dividend, which was paid on Thursday, June 20th. Stockholders of record on Friday, June 14th were paid a $0.14 dividend. The ex-dividend date was Friday, June 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 11.07%.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.