Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 27,300 shares, a decline of 35.5% from the August 31st total of 42,300 shares. Based on an average daily trading volume, of 72,600 shares, the short-interest ratio is currently 0.4 days.
Insider Buying and Selling
In other news, VP John S. Koudounis sold 24,739 shares of the company’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of 15.41, for a total value of 381,227.99. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust
A number of institutional investors have recently modified their holdings of CPZ. Sanctuary Advisors LLC acquired a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the second quarter valued at approximately $765,000. J.W. Cole Advisors Inc. acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 2nd quarter valued at $253,000. Calamos Wealth Management LLC boosted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 155.7% during the 2nd quarter. Calamos Wealth Management LLC now owns 26,783 shares of the company’s stock worth $408,000 after purchasing an additional 16,308 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 7.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 173,544 shares of the company’s stock worth $2,508,000 after acquiring an additional 12,678 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 26.9% during the first quarter. Private Advisor Group LLC now owns 54,800 shares of the company’s stock worth $846,000 after buying an additional 11,630 shares during the last quarter.
Calamos Long/Short Equity & Dynamic Income Term Trust Price Performance
Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend
The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Friday, September 13th were issued a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.78%. The ex-dividend date was Friday, September 13th.
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.
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