Calamos Conv. Opptys. & Income Fund (NASDAQ:CHI) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 774,598 shares, an increase of 48.2% from the August 15th total of 522,545 shares. Based on an average daily volume of 176,510 shares, the short-interest ratio is presently 4.4 days. Currently, 1.2% of the shares of the stock are sold short.

Calamos Conv. Opptys. & Income Fund (NASDAQ CHI) opened at 11.23 on Friday. Calamos Conv. Opptys. & Income Fund has a 52 week low of $9.37 and a 52 week high of $11.72. The company has a 50 day moving average price of $11.37 and a 200 day moving average price of $11.19.

A number of institutional investors have recently modified their holdings of CHI. Cetera Investment Advisers purchased a new position in Calamos Conv. Opptys. & Income Fund in the second quarter valued at about $687,000. Royal Bank of Canada increased its holdings in Calamos Conv. Opptys. & Income Fund by 6.2% in the second quarter. Royal Bank of Canada now owns 518,245 shares of the company’s stock valued at $5,835,000 after buying an additional 30,410 shares in the last quarter. Doliver Capital Advisors LP purchased a new position in Calamos Conv. Opptys. & Income Fund in the second quarter valued at about $294,000. WealthPLAN Partners LLC increased its holdings in Calamos Conv. Opptys. & Income Fund by 282.1% in the second quarter. WealthPLAN Partners LLC now owns 33,002 shares of the company’s stock valued at $372,000 after buying an additional 24,366 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in Calamos Conv. Opptys. & Income Fund by 9.5% in the second quarter. D.A. Davidson & CO. now owns 237,273 shares of the company’s stock valued at $2,671,000 after buying an additional 20,524 shares in the last quarter.

COPYRIGHT VIOLATION WARNING: “Calamos Conv. Opptys. & Income Fund (CHI) Sees Large Growth in Short Interest” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2017/09/16/calamos-conv-opptys-income-fund-chi-sees-large-growth-in-short-interest.html.

About Calamos Conv. Opptys. & Income Fund

Calamos Convertible Opportunities and Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund is an enhanced fixed income offering that seeks total return through a combination of capital appreciation and current income. The Fund invests in a diversified portfolio of convertible securities and high yield securities.

Receive News & Ratings for Calamos Conv. Opptys. & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calamos Conv. Opptys. & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.