Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Short Interest Down 44.8% in February

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 116,000 shares, a drop of 44.8% from the January 31st total of 210,100 shares. Based on an average daily trading volume, of 168,500 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. EP Wealth Advisors LLC lifted its position in Calamos Convertible Opportunities and Income Fund by 79.6% during the 3rd quarter. EP Wealth Advisors LLC now owns 29,335 shares of the company’s stock worth $341,000 after buying an additional 13,000 shares in the last quarter. IHT Wealth Management LLC bought a new stake in Calamos Convertible Opportunities and Income Fund during the third quarter worth about $451,000. Rockefeller Capital Management L.P. boosted its position in Calamos Convertible Opportunities and Income Fund by 7.9% during the third quarter. Rockefeller Capital Management L.P. now owns 126,171 shares of the company’s stock valued at $1,469,000 after purchasing an additional 9,252 shares during the last quarter. Larson Financial Group LLC grew its stake in Calamos Convertible Opportunities and Income Fund by 11,441.0% in the third quarter. Larson Financial Group LLC now owns 4,501 shares of the company’s stock valued at $52,000 after purchasing an additional 4,462 shares in the last quarter. Finally, Cornerstone Advisors LLC acquired a new position in shares of Calamos Convertible Opportunities and Income Fund during the 3rd quarter worth approximately $143,000.

Calamos Convertible Opportunities and Income Fund Stock Performance

NASDAQ CHI opened at $10.30 on Friday. Calamos Convertible Opportunities and Income Fund has a 52 week low of $10.27 and a 52 week high of $12.33. The stock’s 50 day moving average price is $11.41 and its two-hundred day moving average price is $11.59.

Calamos Convertible Opportunities and Income Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, February 13th were given a $0.095 dividend. The ex-dividend date of this dividend was Thursday, February 13th.

Calamos Convertible Opportunities and Income Fund Company Profile

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.