Short Interest in Calamos Conv. Opptys. & Income Fund (CHI) Rises By 48.2%

Calamos Conv. Opptys. & Income Fund (NASDAQ:CHI) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 774,598 shares, an increase of 48.2% from the August 15th total of 522,545 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 176,510 shares, the short-interest ratio is currently 4.4 days.

Shares of Calamos Conv. Opptys. & Income Fund (NASDAQ CHI) opened at 11.4108 on Thursday. Calamos Conv. Opptys. & Income Fund has a 52-week low of $9.37 and a 52-week high of $11.72. The firm’s 50 day moving average price is $11.36 and its 200 day moving average price is $11.19.

Several hedge funds have recently modified their holdings of CHI. Cetera Investment Advisers bought a new stake in shares of Calamos Conv. Opptys. & Income Fund during the 2nd quarter valued at $687,000. Royal Bank of Canada grew its position in shares of Calamos Conv. Opptys. & Income Fund by 6.2% during the 2nd quarter. Royal Bank of Canada now owns 518,245 shares of the company’s stock valued at $5,835,000 after acquiring an additional 30,410 shares during the period. Doliver Capital Advisors LP bought a new stake in shares of Calamos Conv. Opptys. & Income Fund during the 2nd quarter valued at $294,000. WealthPLAN Partners LLC grew its position in shares of Calamos Conv. Opptys. & Income Fund by 282.1% during the 2nd quarter. WealthPLAN Partners LLC now owns 33,002 shares of the company’s stock valued at $372,000 after acquiring an additional 24,366 shares during the period. Finally, D.A. Davidson & CO. grew its position in shares of Calamos Conv. Opptys. & Income Fund by 9.5% during the 2nd quarter. D.A. Davidson & CO. now owns 237,273 shares of the company’s stock valued at $2,671,000 after acquiring an additional 20,524 shares during the period.

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About Calamos Conv. Opptys. & Income Fund

Calamos Convertible Opportunities and Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund is an enhanced fixed income offering that seeks total return through a combination of capital appreciation and current income. The Fund invests in a diversified portfolio of convertible securities and high yield securities.

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