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

by · The Cerbat Gem

Calamos Global Total Return Fund (NASDAQ:CGOGet Free Report) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 3,400 shares, an increase of 142.9% from the March 15th total of 1,400 shares. Based on an average daily trading volume, of 29,800 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Calamos Global Total Return Fund

A number of institutional investors have recently added to or reduced their stakes in CGO. Guggenheim Capital LLC lifted 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 period. LPL Financial LLC boosted its holdings in Calamos Global Total Return Fund by 1.9% during the fourth quarter. LPL Financial LLC now owns 227,247 shares of the investment management company’s stock worth $2,588,000 after buying an additional 4,205 shares in the last quarter. Principal Securities Inc. grew its position in Calamos Global Total Return Fund by 10.6% during the fourth quarter. Principal Securities Inc. now owns 176,395 shares of the investment management company’s stock worth $2,009,000 after buying an additional 16,928 shares during the period. Envestnet Asset Management Inc. increased its holdings in Calamos Global Total Return Fund by 13.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 157,136 shares of the investment management company’s stock valued at $1,790,000 after buying an additional 18,069 shares in the last quarter. Finally, Shaker Financial Services LLC acquired a new stake in shares of Calamos Global Total Return Fund during the 4th quarter valued at approximately $1,296,000.

Calamos Global Total Return Fund Stock Up 0.7 %

Calamos Global Total Return Fund stock traded up $0.07 during mid-day trading on Tuesday, reaching $9.99. 29,206 shares of the company were exchanged, compared to its average volume of 27,012. The firm’s 50-day simple moving average is $10.69 and its two-hundred day simple moving average is $11.37. Calamos Global Total Return Fund has a twelve month low of $8.71 and a twelve month high of $12.59.

Calamos Global Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, April 21st. Investors of record on Friday, April 11th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $0.96 annualized dividend and a yield of 9.61%.

About Calamos Global Total Return Fund

(Get Free Report)

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.

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