Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Director Christopher M. Toub Purchases 1,500 Shares

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Director Christopher M. Toub acquired 1,500 shares of the company’s stock in a transaction dated Wednesday, January 8th. The stock was purchased at an average cost of $15.20 per share, with a total value of $22,800.00. Following the completion of the purchase, the director now directly owns 3,000 shares of the company’s stock, valued at approximately $45,600. This represents a 100.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

Calamos Long/Short Equity & Dynamic Income Term Trust stock traded up $0.13 during midday trading on Friday, reaching $15.37. 131,250 shares of the stock traded hands, compared to its average volume of 84,349. The company has a 50-day simple moving average of $15.38 and a two-hundred day simple moving average of $15.46. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of $14.57 and a 12-month high of $16.03.

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

The firm also recently disclosed a — dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be issued a $0.3359 dividend. This represents a dividend yield of 26.5%. The ex-dividend date of this dividend is Monday, December 30th.

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

A number of hedge funds have recently added to or reduced their stakes in CPZ. Sykon Capital LLC purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the second quarter valued at $152,000. J.W. Cole Advisors Inc. acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the 2nd quarter valued at about $253,000. Walleye Capital LLC purchased a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 3rd quarter valued at about $290,000. Shaker Financial Services LLC raised its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 38.7% in the 3rd quarter. Shaker Financial Services LLC now owns 21,188 shares of the company’s stock valued at $332,000 after purchasing an additional 5,916 shares in the last quarter. Finally, Wedbush Securities Inc. raised its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 3.8% in the second quarter. Wedbush Securities Inc. now owns 25,035 shares of the company’s stock valued at $382,000 after buying an additional 922 shares in the last quarter.

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.