Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Short Interest Down 57.2% in May

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZGet Free Report) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 9,500 shares, a decrease of 57.2% from the May 15th total of 22,200 shares. Based on an average daily volume of 56,400 shares, the short-interest ratio is currently 0.2 days.

Insider Activity

In other news, CFO Thomas E. Herman acquired 16,308 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was acquired at an average cost of 15.55 per share, for a total transaction of 253,589.40. Following the completion of the acquisition, the chief financial officer now owns 26,783 shares in the company, valued at 416,475.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

A number of institutional investors have recently bought and sold shares of the business. Whittier Trust Co. acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 1st quarter worth about $116,000. Catalina Capital Group LLC acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 1st quarter worth approximately $158,000. Nomura Holdings Inc. acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter worth approximately $152,000. Kayne Anderson Capital Advisors LP acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter worth approximately $171,000. Finally, Brookstone Capital Management acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter worth approximately $176,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Down 0.6 %

Shares of NASDAQ CPZ traded down 0.09 during mid-day trading on Thursday, hitting 15.40. The company had a trading volume of 33,445 shares, compared to its average volume of 56,176. The business’s 50-day simple moving average is 15.44 and its 200-day simple moving average is 15.09. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of 13.17 and a 12 month high of 16.11.

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

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a yield of 10.91%. The ex-dividend date of this dividend is Friday, June 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

(Get Free Report)

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.

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