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

Calamos Global Total Return Fund (NASDAQ:CGO) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,400 shares, a drop of 48.1% from the February 28th total of 2,700 shares. Based on an average daily trading volume, of 26,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Calamos Global Total Return Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Shaker Financial Services LLC bought a new position in Calamos Global Total Return Fund in the 4th quarter valued at $1,296,000. Guggenheim Capital LLC boosted its holdings in Calamos Global Total Return Fund by 30.0% in the fourth quarter. Guggenheim Capital LLC now owns 250,659 shares of the investment management company’s stock valued at $2,847,000 after acquiring an additional 57,917 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Calamos Global Total Return Fund in the fourth quarter worth about $298,000. Envestnet Asset Management Inc. raised its holdings in Calamos Global Total Return Fund by 13.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 157,136 shares of the investment management company’s stock worth $1,790,000 after purchasing an additional 18,069 shares during the last quarter. Finally, Principal Securities Inc. lifted its position in Calamos Global Total Return Fund by 10.6% during the 4th quarter. Principal Securities Inc. now owns 176,395 shares of the investment management company’s stock valued at $2,009,000 after purchasing an additional 16,928 shares during the period.

Calamos Global Total Return Fund Stock Down 2.6 %

NASDAQ CGO traded down $0.28 on Friday, hitting $10.35. 16,918 shares of the company were exchanged, compared to its average volume of 26,275. Calamos Global Total Return Fund has a 1-year low of $9.57 and a 1-year high of $12.59. The firm has a 50 day moving average of $11.11 and a two-hundred day moving average of $11.55.

Calamos Global Total Return Fund Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th were given a dividend of $0.08 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.28%.

About Calamos Global Total Return Fund

Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.