Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Up 7.5% in January

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 51,800 shares, an increase of 7.5% from the January 15th total of 48,200 shares. Based on an average daily volume of 79,600 shares, the short-interest ratio is presently 0.7 days.

Insider Activity

In other news, CFO Thomas E. Herman sold 13,392 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $15.58, for a total transaction of $208,647.36. Following the completion of the transaction, the chief financial officer now owns 13,391 shares in the company, valued at $208,631.78. This trade represents a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Hedge Funds Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Several large investors have recently modified their holdings of CPZ. Oppenheimer & Co. Inc. lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 0.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 197,120 shares of the company’s stock worth $2,923,000 after buying an additional 1,059 shares during the last quarter. Bank of America Corp DE lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the fourth quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock worth $52,000 after buying an additional 1,244 shares during the last quarter. LPL Financial LLC lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 1.4% in the fourth quarter. LPL Financial LLC now owns 114,315 shares of the company’s stock worth $1,695,000 after buying an additional 1,538 shares during the last quarter. Atria Wealth Solutions Inc. lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 7.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 41,097 shares of the company’s stock worth $610,000 after buying an additional 3,019 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 9.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 35,356 shares of the company’s stock worth $524,000 after buying an additional 3,160 shares during the last quarter.

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

Shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock traded down $0.05 during trading on Tuesday, reaching $15.20. 56,250 shares of the stock traded hands, compared to its average volume of 76,344. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52-week low of $14.67 and a 52-week high of $16.03. The business has a fifty day simple moving average of $15.33 and a two-hundred day simple moving average of $15.47.

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

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, February 13th will be paid a $0.14 dividend. This represents a $1.68 annualized dividend and a dividend yield of 11.05%. The ex-dividend date of this dividend is Thursday, February 13th.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.