Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Calamos Global Dynamic Income Fund (NASDAQ:CHW) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.92 and traded as high as $6.94. Calamos Global Dynamic Income Fund shares last traded at $6.93, with a volume of 165,458 shares traded.

Calamos Global Dynamic Income Fund Stock Up 1.2 %

The stock has a fifty day moving average of $7.08 and a 200-day moving average of $6.92.

Calamos Global Dynamic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 13th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.60 annualized dividend and a yield of 8.66%.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

Hedge funds have recently made changes to their positions in the company. Shaker Financial Services LLC boosted its position in Calamos Global Dynamic Income Fund by 1,197.7% during the 3rd quarter. Shaker Financial Services LLC now owns 845,993 shares of the investment management company’s stock worth $6,066,000 after acquiring an additional 780,802 shares during the period. Karpus Management Inc. grew its position in Calamos Global Dynamic Income Fund by 985.9% during the first quarter. Karpus Management Inc. now owns 687,048 shares of the investment management company’s stock valued at $4,473,000 after purchasing an additional 623,778 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Calamos Global Dynamic Income Fund by 25.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,683,751 shares of the investment management company’s stock valued at $12,072,000 after buying an additional 343,867 shares during the period. Walleye Capital LLC lifted its position in Calamos Global Dynamic Income Fund by 113.7% in the 3rd quarter. Walleye Capital LLC now owns 135,166 shares of the investment management company’s stock worth $969,000 after buying an additional 71,923 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its stake in shares of Calamos Global Dynamic Income Fund by 375.8% during the 3rd quarter. Wolverine Asset Management LLC now owns 67,916 shares of the investment management company’s stock valued at $487,000 after buying an additional 53,641 shares during the period.

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.