Short Interest in Calamos Global Total Return Fund (NASDAQ:CGO) Decreases By 13.7%

Calamos Global Total Return Fund (NASDAQ:CGO) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 23,400 shares, a drop of 13.7% from the August 31st total of 27,100 shares. Based on an average trading volume of 25,600 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of Calamos Global Total Return Fund

Several hedge funds have recently modified their holdings of CGO. Comerica Bank increased its holdings in Calamos Global Total Return Fund by 43.6% in 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 during the last quarter. Brookstone Capital Management increased its holdings in Calamos Global Total Return Fund by 18.8% in the first quarter. Brookstone Capital Management now owns 19,463 shares of the investment management company’s stock valued at $202,000 after buying an additional 3,086 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in Calamos Global Total Return Fund by 5.4% in the second quarter. Harbour Investments Inc. now owns 58,725 shares of the investment management company’s stock valued at $651,000 after buying an additional 3,000 shares during the last quarter.

Calamos Global Total Return Fund Stock Up 0.8 %

Shares of NASDAQ CGO traded up $0.10 during mid-day trading on Friday, hitting $11.96. The company had a trading volume of 14,819 shares, compared to its average volume of 30,212. Calamos Global Total Return Fund has a 1-year low of $7.90 and a 1-year high of $11.97. The business’s 50-day simple moving average is $11.48 and its 200 day simple moving average is $10.92.

Calamos Global Total Return Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Friday, September 13th were paid a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 8.03%. The ex-dividend date of this dividend was Friday, September 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.