Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Update

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,599 shares, a decline of 91.1% from the May 31st total of 17,991 shares. Based on an average daily volume of 27,086 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Calamos Global Total Return Fund

A number of hedge funds have recently bought and sold shares of CGO. Bank of America Corp DE raised its holdings in Calamos Global Total Return Fund by 2.3% in the 1st quarter. Bank of America Corp DE now owns 38,050 shares of the investment management company’s stock valued at $424,000 after acquiring an additional 847 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Calamos Global Total Return Fund by 6.8% during the 3rd quarter. NewEdge Advisors LLC now owns 17,300 shares of the investment management company’s stock worth $208,000 after purchasing an additional 1,100 shares during the period. Brookstone Capital Management boosted its holdings in shares of Calamos Global Total Return Fund by 2.5% during the first quarter. Brookstone Capital Management now owns 48,760 shares of the investment management company’s stock worth $544,000 after purchasing an additional 1,177 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Calamos Global Total Return Fund by 36.5% during the fourth quarter. CoreCap Advisors LLC now owns 5,615 shares of the investment management company’s stock worth $64,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Prairie Wealth Advisors Inc. grew its position in shares of Calamos Global Total Return Fund by 1.9% in the third quarter. Prairie Wealth Advisors Inc. now owns 88,575 shares of the investment management company’s stock valued at $1,066,000 after purchasing an additional 1,650 shares during the period.

Calamos Global Total Return Fund Price Performance

NASDAQ:CGO traded down $0.15 on Thursday, reaching $13.44. The stock had a trading volume of 15,149 shares, compared to its average volume of 29,965. Calamos Global Total Return Fund has a 12-month low of $10.71 and a 12-month high of $14.20. The firm’s fifty day moving average is $13.35 and its two-hundred day moving average is $12.36.

Calamos Global Total Return Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, June 22nd. Stockholders of record on Friday, June 12th were given a $0.08 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend was Friday, June 12th.

Calamos Global Total Return Fund Company Profile

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.