Penserra Capital Management LLC Has $4.89 Million Stock Holdings in Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ

Penserra Capital Management LLC increased its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 14.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 302,794 shares of the company’s stock after acquiring an additional 38,105 shares during the period. Penserra Capital Management LLC’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $4,893,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. AdvisorNet Financial Inc lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 50.7% during the third quarter. AdvisorNet Financial Inc now owns 2,816 shares of the company’s stock worth $46,000 after purchasing an additional 947 shares during the period. Bank of America Corp DE grew its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the 4th quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock valued at $52,000 after purchasing an additional 1,244 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 52.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,650 shares of the company’s stock worth $59,000 after buying an additional 1,250 shares in the last quarter. Fortis Capital Advisors LLC bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 3rd quarter worth approximately $171,000. Finally, Belpointe Asset Management LLC acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the 3rd quarter valued at $171,000.

Insider Transactions at Calamos Long/Short Equity & Dynamic Income Term Trust

In other Calamos Long/Short Equity & Dynamic Income Term Trust news, Chairman John P. Sr Calamos, Sr. sold 20,000 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $14.60, for a total value of $292,000.00. Following the transaction, the chairman directly owned 38,817 shares in the company, valued at $566,728.20. The trade was a 34.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Up 0.3%

Shares of NASDAQ:CPZ opened at $14.82 on Friday. The business’s fifty day moving average price is $14.87 and its two-hundred day moving average price is $15.61. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of $14.50 and a fifty-two week high of $16.82.

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

The company also recently declared a dividend, which will be paid on Monday, February 23rd. Investors of record on Friday, February 13th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, February 13th.

Calamos Long/Short Equity & Dynamic Income Term Trust Profile

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.