Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Down 72.7% in February

Calamos Global Total Return Fund (NASDAQ:CGO) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 2,234 shares, a decline of 72.7% from the January 29th total of 8,194 shares. Based on an average daily volume of 27,031 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 27,031 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Calamos Global Total Return Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Invesco Ltd. boosted its holdings in shares of Calamos Global Total Return Fund by 115.1% in the fourth quarter. Invesco Ltd. now owns 40,293 shares of the investment management company’s stock valued at $459,000 after buying an additional 21,561 shares during the period. Beacon Pointe Advisors LLC bought a new stake in Calamos Global Total Return Fund in the 4th quarter valued at $117,000. Guggenheim Capital LLC boosted its stake in Calamos Global Total Return Fund by 1.7% in the 4th quarter. Guggenheim Capital LLC now owns 172,012 shares of the investment management company’s stock worth $1,959,000 after purchasing an additional 2,902 shares during the period. Cetera Investment Advisers bought a new position in Calamos Global Total Return Fund during the 4th quarter worth about $115,000. Finally, Osaic Holdings Inc. increased its holdings in Calamos Global Total Return Fund by 133.9% during the 4th quarter. Osaic Holdings Inc. now owns 27,720 shares of the investment management company’s stock worth $316,000 after purchasing an additional 15,869 shares in the last quarter.

Calamos Global Total Return Fund Trading Down 0.8%

CGO stock traded down $0.10 during trading on Friday, hitting $12.66. 31,376 shares of the stock traded hands, compared to its average volume of 29,532. Calamos Global Total Return Fund has a one year low of $8.71 and a one year high of $12.79. The company has a 50 day simple moving average of $12.07 and a 200 day simple moving average of $11.86.

Calamos Global Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 23rd. Investors of record on Friday, February 13th were issued a $0.08 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend was Friday, February 13th.

About Calamos Global Total Return Fund

Calamos Global Total Return Fund, Inc (NASDAQ: CGO) is a closed-end management investment company that seeks to provide total return through a combination of capital appreciation and current income. The fund is managed by Calamos Advisors LLC, an affiliate of Calamos Investments, and pursues a flexible, multi‐asset strategy designed to adapt to changing market environments. Its objective is to deliver competitive risk‐adjusted returns over full market cycles by blending growth and income opportunities within a single vehicle.

The fund invests in a globally diversified portfolio of equity and debt securities, including common stocks, convertible securities and high‐yield corporate bonds.