Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Up 124.3% in April

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 16,577 shares, an increase of 124.3% from the April 15th total of 7,389 shares. Based on an average daily volume of 23,786 shares, the days-to-cover ratio is presently 0.7 days.

Calamos Global Total Return Fund Trading Down 1.5%

Shares of CGO opened at $13.54 on Friday. The stock has a fifty day moving average price of $12.16 and a two-hundred day moving average price of $11.94. Calamos Global Total Return Fund has a 52-week low of $10.71 and a 52-week high of $13.81.

Calamos Global Total Return Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th will be given a $0.08 dividend. The ex-dividend date is Thursday, May 14th. This represents a c) annualized dividend and a yield of 7.1%.

Hedge Funds Weigh In On Calamos Global Total Return Fund

Institutional investors have recently bought and sold shares of the business. Invesco Ltd. raised its position in Calamos Global Total Return Fund by 115.1% in the 4th quarter. Invesco Ltd. now owns 40,293 shares of the investment management company’s stock valued at $459,000 after purchasing an additional 21,561 shares during the last quarter. Osaic Holdings Inc. raised its position in Calamos Global Total Return Fund by 133.9% in the 4th quarter. Osaic Holdings Inc. now owns 27,720 shares of the investment management company’s stock valued at $316,000 after purchasing an additional 15,869 shares during the last quarter. NewEdge Advisors LLC raised its position in Calamos Global Total Return Fund by 6.8% in the 3rd quarter. NewEdge Advisors LLC now owns 17,300 shares of the investment management company’s stock valued at $208,000 after purchasing an additional 1,100 shares during the last quarter. Beacon Pointe Advisors LLC bought a new position in Calamos Global Total Return Fund in the 4th quarter valued at $117,000. Finally, Cetera Investment Advisers bought a new position in Calamos Global Total Return Fund in the 4th quarter valued at $115,000.

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.