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

Calamos Global Total Return Fund (NASDAQ:CGO) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,599 shares, a drop of 91.1% from the May 31st total of 17,991 shares. Based on an average daily volume of 27,086 shares, the short-interest ratio is presently 0.1 days.

Calamos Global Total Return Fund Stock Down 0.4%

Shares of Calamos Global Total Return Fund stock traded down $0.06 on Friday, reaching $13.38. The company’s stock had a trading volume of 20,549 shares, compared to its average volume of 29,887. Calamos Global Total Return Fund has a 52 week low of $10.71 and a 52 week high of $14.20. The firm’s fifty day simple moving average is $13.37 and its two-hundred day simple moving average is $12.38.

Calamos Global Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 12th were issued a $0.08 dividend. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date was Friday, June 12th.

Hedge Funds Weigh In On Calamos Global Total Return Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. grew its stake in shares of Calamos Global Total Return Fund by 64.6% in the second quarter. Osaic Holdings Inc. now owns 16,896 shares of the investment management company’s stock worth $198,000 after acquiring an additional 6,630 shares during the period. Envestnet Asset Management Inc. lifted its position in Calamos Global Total Return Fund by 3.3% during the third quarter. Envestnet Asset Management Inc. now owns 166,291 shares of the investment management company’s stock valued at $2,002,000 after purchasing an additional 5,267 shares during the period. Prairie Wealth Advisors Inc. boosted its holdings in Calamos Global Total Return Fund by 1.9% in the third 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 last quarter. Integrated Wealth Concepts LLC purchased a new stake in Calamos Global Total Return Fund in the third quarter worth approximately $2,075,000. Finally, NewEdge Advisors LLC grew its position in Calamos Global Total Return Fund by 6.8% in the 3rd quarter. NewEdge Advisors LLC now owns 17,300 shares of the investment management company’s stock worth $208,000 after purchasing an additional 1,100 shares during the period.

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.