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

Calamos Global Total Return Fund (NASDAQ:CGO) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 27,100 shares, a decrease of 7.5% from the August 15th total of 29,300 shares. Based on an average daily trading volume, of 28,200 shares, the short-interest ratio is currently 1.0 days.

Calamos Global Total Return Fund Stock Up 1.2 %

Shares of Calamos Global Total Return Fund stock traded up $0.14 during trading hours on Wednesday, hitting $11.49. The company’s stock had a trading volume of 18,328 shares, compared to its average volume of 30,448. The stock has a 50 day moving average of $11.47 and a 200 day moving average of $10.83. Calamos Global Total Return Fund has a 12 month low of $7.90 and a 12 month high of $11.93.

Calamos Global Total Return Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 18th. Investors of record on Friday, September 13th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.96 dividend on an annualized basis and a yield of 8.36%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Comerica Bank boosted its position 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 worth $68,000 after buying an additional 2,000 shares during the period. Brookstone Capital Management grew its stake in shares of Calamos Global Total Return Fund by 18.8% during the 1st quarter. Brookstone Capital Management now owns 19,463 shares of the investment management company’s stock worth $202,000 after acquiring an additional 3,086 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in shares of 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 worth $651,000 after acquiring an additional 3,000 shares in the last quarter.

Calamos Global Total Return Fund Company Profile

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.