Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Short Interest Update

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 228,000 shares, a decline of 6.1% from the January 15th total of 242,800 shares. Based on an average daily volume of 52,600 shares, the short-interest ratio is currently 4.3 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB acquired a new position in Calamos Dynamic Convertible and Income Fund during the third quarter worth approximately $30,000. Westside Investment Management Inc. purchased a new stake in shares of Calamos Dynamic Convertible and Income Fund during the 4th quarter valued at $41,000. ORG Partners LLC acquired a new stake in shares of Calamos Dynamic Convertible and Income Fund during the 4th quarter worth $46,000. Eastern Bank purchased a new position in shares of Calamos Dynamic Convertible and Income Fund in the 4th quarter worth $47,000. Finally, GWN Securities Inc. acquired a new position in Calamos Dynamic Convertible and Income Fund in the fourth quarter valued at $208,000.

Calamos Dynamic Convertible and Income Fund Trading Down 0.6 %

Calamos Dynamic Convertible and Income Fund stock opened at $24.54 on Wednesday. The stock has a fifty day moving average price of $24.35 and a 200 day moving average price of $24.26. Calamos Dynamic Convertible and Income Fund has a 52 week low of $20.69 and a 52 week high of $26.16.

Calamos Dynamic Convertible and Income Fund 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 dividend of $0.195 per share. This represents a $2.34 dividend on an annualized basis and a dividend yield of 9.54%. The ex-dividend date of this dividend is Thursday, February 13th.

About Calamos Dynamic Convertible and Income Fund

Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.