Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Sees Large Increase in Short Interest

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 29,500 shares, an increase of 8.1% from the September 15th total of 27,300 shares. Based on an average trading volume of 70,200 shares, the short-interest ratio is presently 0.4 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.4 %

Shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock opened at 15.55 on Wednesday. The business’s 50-day moving average price is 15.53 and its 200-day moving average price is 15.45. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of 13.17 and a 12 month high of 16.03.

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

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 22nd. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.68 annualized dividend and a dividend yield of 10.80%.

Insider Buying and Selling at Calamos Long/Short Equity & Dynamic Income Term Trust

In other Calamos Long/Short Equity & Dynamic Income Term Trust news, VP John S. Koudounis sold 24,739 shares of the firm’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of 15.41, for a total value of 381,227.99. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Hedge Funds Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Institutional investors have recently modified their holdings of the company. Whittier Trust Co. bought a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the 1st quarter worth approximately $116,000. Sykon Capital LLC bought a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the 2nd quarter worth approximately $152,000. Catalina Capital Group LLC bought a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the 1st quarter worth approximately $158,000. Nomura Holdings Inc. bought a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter worth approximately $152,000. Finally, Optimum Investment Advisors grew its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 43.0% during the 2nd quarter. Optimum Investment Advisors now owns 13,300 shares of the company’s stock worth $203,000 after acquiring an additional 4,000 shares during the last quarter.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

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.