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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 105,000 shares, a growth of 29.8% from the May 15th total of 80,900 shares. Based on an average daily trading volume, of 68,100 shares, the days-to-cover ratio is presently 1.5 days.

Calamos Long/Short Equity & Dynamic Income Term Trust Price Performance

Shares of NASDAQ:CPZ opened at $15.98 on Thursday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 1 year low of $14.51 and a 1 year high of $16.20. The business’s 50 day simple moving average is $15.59 and its 200 day simple moving average is $15.44.

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

The business also recently declared a monthly dividend, which will be paid on Friday, June 20th. Investors of record on Thursday, June 12th will be given a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a yield of 10.51%. The ex-dividend date of this dividend is Thursday, June 12th.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Larson Financial Group LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the first quarter worth $47,000. Bank of America Corp DE lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% during the fourth quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock worth $52,000 after purchasing an additional 1,244 shares during the last quarter. Cresset Asset Management LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the first quarter worth $157,000. Integrated Advisors Network LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter worth $168,000. Finally, Fortis Capital Advisors LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the first quarter worth $200,000.

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.