Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Down 51.6% in November

Calamos Global Total Return Fund (NASDAQ:CGO) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 10,700 shares, a decline of 51.6% from the October 31st total of 22,100 shares. Based on an average daily volume of 22,100 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Calamos Global Total Return Fund

A number of institutional investors have recently bought and sold shares of the stock. Harbour Investments Inc. raised its stake in Calamos Global Total Return Fund by 5.4% during the 2nd quarter. Harbour Investments Inc. now owns 58,725 shares of the investment management company’s stock valued at $651,000 after purchasing an additional 3,000 shares during the period. Comerica Bank grew its holdings in shares of Calamos Global Total Return Fund by 43.6% during the first quarter. Comerica Bank now owns 6,585 shares of the investment management company’s stock valued at $68,000 after buying an additional 2,000 shares in the last quarter. Finally, Brookstone Capital Management raised its position in Calamos Global Total Return Fund by 4.5% during the third quarter. Brookstone Capital Management now owns 20,389 shares of the investment management company’s stock valued at $244,000 after buying an additional 880 shares during the period.

Calamos Global Total Return Fund Price Performance

Shares of NASDAQ CGO traded down $0.05 during trading on Thursday, hitting $11.66. The company had a trading volume of 37,677 shares, compared to its average volume of 28,778. Calamos Global Total Return Fund has a 52 week low of $8.63 and a 52 week high of $12.59. The business’s 50-day moving average is $11.94 and its 200 day moving average is $11.44.

Calamos Global Total Return Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 8.23%. The ex-dividend date of this dividend was Wednesday, November 13th.

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.