Calamos Convertible & Hi Income Fund (NASDAQ:CHY) Stock Price Crosses Above 200-Day Moving Average of $11.07

Calamos Convertible & Hi Income Fund (NASDAQ:CHY)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $11.07 and traded as high as $11.23. Calamos Convertible & Hi Income Fund shares last traded at $11.23, with a volume of 5,341 shares traded.

The stock’s 50 day moving average price is $11.08 and its 200-day moving average price is $11.07.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. D.A. Davidson & CO. boosted its holdings in shares of Calamos Convertible & Hi Income Fund by 13.7% in the 3rd quarter. D.A. Davidson & CO. now owns 18,300 shares of the investment management company’s stock valued at $201,000 after buying an additional 2,200 shares in the last quarter. AE Wealth Management LLC increased its holdings in shares of Calamos Convertible & Hi Income Fund by 3.6% in the 3rd quarter. AE Wealth Management LLC now owns 213,242 shares of the investment management company’s stock valued at $2,346,000 after purchasing an additional 7,322 shares in the last quarter. Traynor Capital Management Inc. increased its holdings in shares of Calamos Convertible & Hi Income Fund by 6.7% in the 3rd quarter. Traynor Capital Management Inc. now owns 22,465 shares of the investment management company’s stock valued at $247,000 after purchasing an additional 1,406 shares in the last quarter. Creative Planning increased its holdings in shares of Calamos Convertible & Hi Income Fund by 17.1% in the 3rd quarter. Creative Planning now owns 23,087 shares of the investment management company’s stock valued at $254,000 after purchasing an additional 3,369 shares in the last quarter. Finally, Sigma Planning Corp increased its holdings in shares of Calamos Convertible & Hi Income Fund by 58.5% in the 3rd quarter. Sigma Planning Corp now owns 16,074 shares of the investment management company’s stock valued at $177,000 after purchasing an additional 5,934 shares in the last quarter.

About Calamos Convertible & Hi Income Fund (NASDAQ:CHY)

Calamos Convertible and High 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.

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