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 target of a significant increase in short interest during the month of 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 days-to-cover ratio is presently 0.7 days.

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

Shares of NASDAQ:CPZ traded down $0.05 on Tuesday, hitting $15.20. 56,250 shares of the company’s stock were exchanged, compared to its average volume of 76,344. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $14.67 and a 12 month high of $16.03. The business’s 50 day simple moving average is $15.33 and its two-hundred day simple moving average is $15.47.

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

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

Insider Transactions at Calamos Long/Short Equity & Dynamic Income Term Trust

In other news, CFO Thomas E. Herman sold 13,392 shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock in a transaction on 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 sale, the chief financial officer now directly owns 13,391 shares in the company, valued at approximately $208,631.78. This trade represents a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of 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 valued at $52,000 after acquiring an additional 1,244 shares in the last quarter. Shaker Financial Services LLC raised its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 132.4% in the fourth quarter. Shaker Financial Services LLC now owns 49,239 shares of the company’s stock valued at $736,000 after acquiring an additional 28,051 shares in the last quarter. Integrity Wealth Advisors Inc. purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter valued at about $755,000. Guggenheim Capital LLC grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 9.4% in the fourth quarter. Guggenheim Capital LLC now owns 132,265 shares of the company’s stock valued at $1,961,000 after purchasing an additional 11,317 shares during the last quarter. Finally, Cohen & Steers Inc. grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 6.6% in the fourth quarter. Cohen & Steers Inc. now owns 160,854 shares of the company’s stock valued at $2,385,000 after purchasing an additional 10,000 shares during the last quarter.

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.