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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 398,400 shares, an increase of 89.1% from the December 31st total of 210,700 shares. Based on an average trading volume of 139,400 shares, the short-interest ratio is currently 2.9 days.

Calamos Convertible Opportunities and Income Fund Price Performance

Shares of CHI traded down $0.05 during mid-day trading on Wednesday, hitting $11.29. The company had a trading volume of 66,310 shares, compared to its average volume of 182,653. Calamos Convertible Opportunities and Income Fund has a 1-year low of $10.54 and a 1-year high of $12.33. The business’s 50-day simple moving average is $11.83 and its 200-day simple moving average is $11.64.

Calamos Convertible Opportunities and Income Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 10th. Stockholders of record on Monday, December 30th were paid a dividend of $0.095 per share. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CHI. Northwestern Mutual Wealth Management Co. raised its holdings in 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 valued at $1,058,000 after buying an additional 7,542 shares during the period. Creekside Partners purchased a new position in shares of Calamos Convertible Opportunities and Income Fund in the 2nd quarter valued at $1,443,000. Sanctuary Advisors LLC acquired a new position in shares of Calamos Convertible Opportunities and Income Fund during the 2nd quarter valued at $955,000. Marathon Strategic Advisors LLC boosted its position in Calamos Convertible Opportunities and Income Fund by 2.9% during the 3rd quarter. Marathon Strategic Advisors LLC now owns 193,126 shares of the company’s stock worth $2,248,000 after purchasing an additional 5,377 shares during the period. Finally, Wealth Effects LLC increased its holdings in Calamos Convertible Opportunities and Income Fund by 6.2% in the 3rd quarter. Wealth Effects LLC now owns 18,119 shares of the company’s stock valued at $211,000 after purchasing an additional 1,063 shares in the last quarter.

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.