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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 42,300 shares, an increase of 9.9% from the August 15th total of 38,500 shares. Based on an average trading volume of 72,400 shares, the short-interest ratio is presently 0.6 days.

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

Shares of CPZ stock traded down 0.09 on Wednesday, reaching 15.46. 44,100 shares of the stock were exchanged, compared to its average volume of 62,342. The business’s 50 day moving average price is 15.49 and its 200 day moving average price is 15.37. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of 13.17 and a twelve month high of 16.03.

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

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 18th. Investors of record on Friday, September 13th will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.68 dividend on an annualized basis and a yield of 10.87%.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Whittier Trust Co. purchased a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the first quarter valued at $116,000. Sykon Capital LLC purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the second quarter valued at about $152,000. Catalina Capital Group LLC purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the first quarter valued at about $158,000. Nomura Holdings Inc. purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter valued at about $152,000. Finally, Optimum Investment Advisors raised its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 43.0% in the second quarter. Optimum Investment Advisors now owns 13,300 shares of the company’s stock valued at $203,000 after buying an additional 4,000 shares during the last quarter.

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.