Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totalling 358,600 shares, a drop of 11.0% from the August 15th total of 403,000 shares. Based on an average daily trading volume, of 141,800 shares, the short-interest ratio is presently 2.5 days.
Calamos Convertible Opportunities and Income Fund Stock Performance
Shares of NASDAQ CHI traded up $0.12 during mid-day trading on Wednesday, reaching $11.64. The company had a trading volume of 193,677 shares, compared to its average volume of 165,660. The company has a 50-day moving average price of $11.42 and a two-hundred day moving average price of $11.36. Calamos Convertible Opportunities and Income Fund has a 1-year low of $9.70 and a 1-year high of $12.11.
Calamos Convertible Opportunities and Income Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 18th. Shareholders of record on Friday, September 13th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.14 annualized dividend and a yield of 9.79%.
Institutional Trading of Calamos Convertible Opportunities and Income Fund
About Calamos Convertible Opportunities and Income Fund
Calamos Convertible Opportunities 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 diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.
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