Short Interest in Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Declines By 13.4%

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 186,500 shares, a decrease of 13.4% from the November 15th total of 215,300 shares. Based on an average trading volume of 129,400 shares, the days-to-cover ratio is currently 1.4 days.

Hedge Funds Weigh In On Calamos Convertible Opportunities and Income Fund

A number of large investors have recently bought and sold shares of the business. Creekside Partners acquired a new stake in Calamos Convertible Opportunities and Income Fund in the second quarter worth about $1,443,000. Sanctuary Advisors LLC acquired a new position in Calamos Convertible Opportunities and Income Fund during the second quarter valued at $955,000. International Assets Investment Management LLC purchased a new stake in Calamos Convertible Opportunities and Income Fund in the third quarter valued at $9,580,000. D.A. Davidson & CO. grew its position in Calamos Convertible Opportunities and Income Fund by 7.4% during the 2nd quarter. D.A. Davidson & CO. now owns 904,653 shares of the company’s stock worth $10,530,000 after purchasing an additional 62,650 shares during the period. Finally, Patten Group Inc. purchased a new position in shares of Calamos Convertible Opportunities and Income Fund during the 2nd quarter valued at about $676,000.

Calamos Convertible Opportunities and Income Fund Stock Performance

Shares of CHI stock remained flat at $12.09 on Monday. 119,299 shares of the company were exchanged, compared to its average volume of 156,357. The stock’s 50-day simple moving average is $11.87 and its two-hundred day simple moving average is $11.64. Calamos Convertible Opportunities and Income Fund has a 1 year low of $10.01 and a 1 year high of $12.33.

Calamos Convertible Opportunities and Income Fund Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, December 13th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Friday, December 13th.

About Calamos Convertible Opportunities and Income Fund

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.