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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 8,600 shares, a growth of 68.6% from the March 31st total of 5,100 shares. Based on an average daily trading volume, of 57,600 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Blue Bell Private Wealth Management LLC raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 18.9% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 10,046 shares of the company’s stock valued at $149,000 after acquiring an additional 1,600 shares during the last quarter. Nomura Holdings Inc. acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter valued at about $152,000. Kayne Anderson Capital Advisors LP acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter valued at about $171,000. Brookstone Capital Management acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter valued at about $176,000. Finally, Matisse Capital acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter valued at about $280,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Up 1.1 %

Shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock opened at 15.53 on Friday. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of 13.17 and a twelve month high of 16.11. The firm’s 50-day moving average price is 15.14 and its 200 day moving average price is 14.77.

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

The business also recently declared a monthly dividend, which was paid on Friday, April 19th. Investors of record on Friday, April 12th were paid a $0.14 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 10.82%. The ex-dividend date was Thursday, April 11th.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

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.