Short Interest in Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Drops By 24.6%

22.7% from the May 15th total of 588,400 shares. Based on an average daily volume of 668,100 shares, the short-interest ratio is presently 0.7 days. The fund saw a large decline in short interest in May. As of May 31st, there was short interest totalling 452,800 shares, a decline of 22.7% from th

On May 31, there were 452,800 short shares, which is a decrease of 24,6% from the total of 600 400 shares on May 15. The short-interest rate is currently 5.7 based on an average trading volume 79,600 share.

Inflows of Institutional Capital and Outflows

CCD has been modified by several large investors. Householder Group Estate & Retirement Specialist LLC purchased a new stake in Calamos Dynamic Convertible and Income Fund valued at $25,000 in the first quarter. Ahrens Investment Partners LLC acquired a new stake of Calamos Dynamic Convertible and Income Fund for $30,000. Investors Research Corp bought a new stake of Calamos Dynamic Convertible and Income Fund for $46,000 in the first quarter. Graves Light Lenhart Wealth Inc. bought a new share in Calamos Dynamic Convertible and Income Fund during the first quarter. The investment was valued at $128,000. The stock rose $0.20 to $23.45. The stock traded 67,170 times its average volume, which is 79,268. Calamos Dynamic Convertible and Income Fund's 52-week low is $19.80 and its 52-week high is $25.20. The company's 50-day average moving price is $22.50, and its 200-day average moving price is $22.13.

Calamos Dynamic Income and Convertible Fund Announces Dividend

A monthly dividend was also announced by the business and paid out on Friday, 16th June. Dividends were paid to stockholders who had their records on the Monday, June 12, 2015. This is a $2.34 dividend annualized and a dividend rate of 9.98%. This dividend became ex-dividend on Friday, June 9.

Calamos Dynamic Income and Convertible Fund

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Calamos Dynamic Convertible & Income Fund, a closed-end investment management company, provides a total return by combining capital appreciation with current income. The company was established on March 11, 2014. Its headquarters is in Chicago, IL.

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