Short Interest in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Drops By 68.4%

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 6,000 shares, a drop of 68.4% from the December 15th total of 19,000 shares. Based on an average daily volume of 71,100 shares, the days-to-cover ratio is presently 0.1 days.

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

Shares of CPZ traded down $0.05 during trading hours on Monday, reaching $15.54. 74,286 shares of the company traded hands, compared to its average volume of 96,269. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of $14.57 and a 12-month high of $16.03. The stock’s fifty day moving average price is $15.38 and its 200 day moving average price is $15.47.

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

The business also recently announced a — dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were paid a $0.3359 dividend. The ex-dividend date was Monday, December 30th. This represents a yield of 26.5%.

Institutional Trading of Calamos Long/Short Equity & Dynamic Income Term Trust

Several institutional investors and hedge funds have recently modified their holdings of the stock. Rivernorth Capital Management LLC grew its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 0.7% during the 3rd quarter. Rivernorth Capital Management LLC now owns 584,400 shares of the company’s stock worth $9,168,000 after acquiring an additional 3,968 shares in the last quarter. Walleye Capital LLC purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter valued at approximately $290,000. Penserra Capital Management LLC purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter valued at approximately $4,102,000. Advisors Asset Management Inc. raised its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 38.5% in the third quarter. Advisors Asset Management Inc. now owns 391,828 shares of the company’s stock worth $6,148,000 after buying an additional 108,858 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 1.6% during the third quarter. Oppenheimer & Co. Inc. now owns 196,061 shares of the company’s stock worth $3,076,000 after buying an additional 3,060 shares during the period.

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.