Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Short Interest Up 29.8% in April

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCDGet Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 312,600 shares, a growth of 29.8% from the April 15th total of 240,800 shares. Based on an average daily volume of 101,800 shares, the short-interest ratio is currently 3.1 days.

Calamos Dynamic Convertible and Income Fund Stock Up 1.1 %

Shares of Calamos Dynamic Convertible and Income Fund stock traded up $0.24 during trading hours on Wednesday, hitting $22.82. The company’s stock had a trading volume of 74,383 shares, compared to its average volume of 96,205. Calamos Dynamic Convertible and Income Fund has a 12 month low of $16.93 and a 12 month high of $24.68. The stock has a 50 day moving average of $21.98 and a 200 day moving average of $20.55.

Calamos Dynamic Convertible and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Tuesday, May 14th will be paid a dividend of $0.195 per share. The ex-dividend date is Monday, May 13th. This represents a $2.34 dividend on an annualized basis and a yield of 10.25%.

Institutional Trading of Calamos Dynamic Convertible and Income Fund

Several institutional investors have recently modified their holdings of the business. Primoris Wealth Advisors LLC increased its holdings in Calamos Dynamic Convertible and Income Fund by 10.7% during the 1st quarter. Primoris Wealth Advisors LLC now owns 12,950 shares of the company’s stock worth $282,000 after acquiring an additional 1,250 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Calamos Dynamic Convertible and Income Fund by 3.0% in the first quarter. Janney Montgomery Scott LLC now owns 25,289 shares of the company’s stock valued at $551,000 after acquiring an additional 725 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Calamos Dynamic Convertible and Income Fund by 14.8% in the first quarter. Commonwealth Equity Services LLC now owns 49,354 shares of the company’s stock worth $1,076,000 after purchasing an additional 6,370 shares in the last quarter. Quad Cities Investment Group LLC purchased a new stake in Calamos Dynamic Convertible and Income Fund in the first quarter worth about $201,000. Finally, Steward Partners Investment Advisory LLC boosted its stake in Calamos Dynamic Convertible and Income Fund by 2.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 32,350 shares of the company’s stock worth $640,000 after purchasing an additional 831 shares in the last quarter.

About Calamos Dynamic Convertible and Income Fund

(Get Free Report)

Calamos Dynamic Convertible and 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 portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.

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