CALAMOS CONV. OPPTYS. & INCOME FUND (NASDAQ:CHI) Stock Price Up 0.4%

CALAMOS CONV. OPPTYS. & INCOME FUND (NASDAQ:CHI)’s share price rose 0.4% during mid-day trading on Wednesday . The stock traded as high as $10.95 and last traded at $10.83, approximately 335,916 shares changed hands during trading. An increase of 88% from the average daily volume of 178,371 shares. The stock had previously closed at $10.79.

The company’s 50-day moving average is $11.33 and its 200-day moving average is $10.83.

The company also recently announced a None dividend, which was paid on Thursday, February 20th. Shareholders of record on Friday, February 14th were issued a $0.08 dividend. This is a positive change from CALAMOS CONV. OPPTYS. & INCOME FUND’s previous None dividend of $0.05. The ex-dividend date of this dividend was Thursday, February 13th.

In other CALAMOS CONV. OPPTYS. & INCOME FUND news, Director Lloyd Wennlund acquired 4,500 shares of the stock in a transaction that occurred on Friday, February 7th. The stock was bought at an average cost of $11.50 per share, for a total transaction of $51,750.00.

Institutional investors and hedge funds have recently modified their holdings of the stock. Guggenheim Capital LLC lifted its stake in CALAMOS CONV. OPPTYS. & INCOME FUND by 16.5% during the fourth quarter. Guggenheim Capital LLC now owns 1,048,725 shares of the company’s stock worth $11,536,000 after purchasing an additional 148,699 shares in the last quarter. UBS Group AG grew its stake in shares of CALAMOS CONV. OPPTYS. & INCOME FUND by 15.6% in the fourth quarter. UBS Group AG now owns 986,162 shares of the company’s stock valued at $10,848,000 after buying an additional 132,777 shares in the last quarter. Bank of America Corp DE grew its stake in shares of CALAMOS CONV. OPPTYS. & INCOME FUND by 1.5% in the fourth quarter. Bank of America Corp DE now owns 935,652 shares of the company’s stock valued at $10,292,000 after buying an additional 13,761 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of CALAMOS CONV. OPPTYS. & INCOME FUND by 4.9% in the fourth quarter. Advisors Asset Management Inc. now owns 861,959 shares of the company’s stock valued at $9,482,000 after buying an additional 40,589 shares in the last quarter. Finally, Cohen & Steers Inc. raised its holdings in shares of CALAMOS CONV. OPPTYS. & INCOME FUND by 3.8% in the 4th quarter. Cohen & Steers Inc. now owns 560,128 shares of the company’s stock valued at $6,161,000 after buying an additional 20,323 shares during the period.

CALAMOS CONV. OPPTYS. & INCOME FUND Company Profile (NASDAQ:CHI)

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.

Read More: Asset Allocation

Receive News & Ratings for CALAMOS CONV. OPPTYS. & INCOME FUND Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CALAMOS CONV. OPPTYS. & INCOME FUND and related companies with MarketBeat.com's FREE daily email newsletter.