Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Short Interest Update

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 215,300 shares, a decrease of 8.6% from the October 31st total of 235,500 shares. Based on an average daily volume of 130,900 shares, the short-interest ratio is presently 1.6 days.

Calamos Convertible Opportunities and Income Fund Price Performance

NASDAQ CHI traded down $0.02 on Monday, hitting $12.08. 108,978 shares of the stock traded hands, compared to its average volume of 157,657. The business’s fifty day moving average is $11.76 and its two-hundred day moving average is $11.58. Calamos Convertible Opportunities and Income Fund has a 12 month low of $9.70 and a 12 month high of $12.19.

Calamos Convertible Opportunities and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.095 per share. This represents a $1.14 annualized dividend and a yield of 9.44%. The ex-dividend date of this dividend was Wednesday, November 13th.

Hedge Funds Weigh In On Calamos Convertible Opportunities and Income Fund

Large investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC bought a new position in shares of Calamos Convertible Opportunities and Income Fund in the second quarter worth $955,000. Marathon Strategic Advisors LLC boosted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 2.9% in the third quarter. Marathon Strategic Advisors LLC now owns 193,126 shares of the company’s stock worth $2,248,000 after acquiring an additional 5,377 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 9.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 90,870 shares of the company’s stock worth $1,058,000 after acquiring an additional 7,542 shares during the period. Creekside Partners bought a new position in shares of Calamos Convertible Opportunities and Income Fund in the second quarter worth $1,443,000. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 4.8% in the second quarter. Commonwealth Equity Services LLC now owns 634,976 shares of the company’s stock worth $7,391,000 after acquiring an additional 29,062 shares during the period.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.