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

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

Institutional Trading of Calamos Global Total Return Fund

A number of hedge funds have recently made changes to their positions in the stock. Invesco Ltd. increased its position in Calamos Global Total Return Fund by 2.4% during the 4th quarter. Invesco Ltd. now owns 88,223 shares of the investment management company’s stock valued at $1,005,000 after buying an additional 2,085 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Calamos Global Total Return Fund in the fourth quarter worth $38,000. LPL Financial LLC grew its stake in shares of Calamos Global Total Return Fund by 1.9% in the fourth quarter. LPL Financial LLC now owns 227,247 shares of the investment management company’s stock worth $2,588,000 after acquiring an additional 4,205 shares during the last quarter. Prairie Wealth Advisors Inc. increased its holdings in shares of Calamos Global Total Return Fund by 9.4% during the fourth quarter. Prairie Wealth Advisors Inc. now owns 78,175 shares of the investment management company’s stock valued at $897,000 after acquiring an additional 6,700 shares in the last quarter. Finally, Principal Securities Inc. raised its position in shares of Calamos Global Total Return Fund by 10.6% in the 4th quarter. Principal Securities Inc. now owns 176,395 shares of the investment management company’s stock worth $2,009,000 after purchasing an additional 16,928 shares during the last quarter.

Calamos Global Total Return Fund Stock Performance

Shares of CGO stock traded down $0.15 during mid-day trading on Friday, reaching $10.48. 4,474 shares of the company’s stock traded hands, compared to its average volume of 26,290. The company’s 50-day moving average price is $11.13 and its 200-day moving average price is $11.56. Calamos Global Total Return Fund has a 12 month low of $9.57 and a 12 month high of $12.59.

Calamos Global Total Return Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th were paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.16%. The ex-dividend date of this dividend was Thursday, March 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.