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

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 6,284 shares, a growth of 211.4% from the February 26th total of 2,018 shares. Based on an average daily volume of 38,590 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its stake in Calamos Global Total Return Fund by 6.8% during the third quarter. NewEdge Advisors LLC now owns 17,300 shares of the investment management company’s stock worth $208,000 after acquiring an additional 1,100 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of Calamos Global Total Return Fund by 36.5% in the 4th quarter. CoreCap Advisors LLC now owns 5,615 shares of the investment management company’s stock valued at $64,000 after purchasing an additional 1,500 shares in the last quarter. Prairie Wealth Advisors Inc. grew its holdings in shares of Calamos Global Total Return Fund by 1.9% during the 3rd quarter. Prairie Wealth Advisors Inc. now owns 88,575 shares of the investment management company’s stock worth $1,066,000 after purchasing an additional 1,650 shares during the period. Brookstone Capital Management grew its holdings in shares of Calamos Global Total Return Fund by 5.8% during the 4th quarter. Brookstone Capital Management now owns 47,583 shares of the investment management company’s stock worth $542,000 after purchasing an additional 2,591 shares during the period. Finally, Guggenheim Capital LLC increased its position in Calamos Global Total Return Fund by 1.7% during the 4th quarter. Guggenheim Capital LLC now owns 172,012 shares of the investment management company’s stock worth $1,959,000 after purchasing an additional 2,902 shares in the last quarter.

Calamos Global Total Return Fund Trading Up 1.7%

Shares of CGO opened at $11.37 on Thursday. The company’s fifty day moving average is $12.08 and its two-hundred day moving average is $11.85. Calamos Global Total Return Fund has a fifty-two week low of $8.71 and a fifty-two week high of $12.79.

Calamos Global Total Return Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 13th were given a $0.08 dividend. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend was Friday, March 13th.

Calamos Global Total Return Fund Company Profile

Calamos Global Total Return Fund, Inc (NASDAQ: CGO) is a closed-end management investment company that seeks to provide total return through a combination of capital appreciation and current income. The fund is managed by Calamos Advisors LLC, an affiliate of Calamos Investments, and pursues a flexible, multi‐asset strategy designed to adapt to changing market environments. Its objective is to deliver competitive risk‐adjusted returns over full market cycles by blending growth and income opportunities within a single vehicle.

The fund invests in a globally diversified portfolio of equity and debt securities, including common stocks, convertible securities and high‐yield corporate bonds.