Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Up 64.4% in July

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 12,635 shares, a growth of 64.4% from the July 15th total of 7,685 shares. Based on an average trading volume of 29,282 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Calamos Global Total Return Fund

Hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP purchased a new stake in Calamos Global Total Return Fund during the second quarter worth approximately $37,000. Fifth Third Bancorp purchased a new position in shares of Calamos Global Total Return Fund during the first quarter worth about $63,000. Cetera Investment Advisers acquired a new position in shares of Calamos Global Total Return Fund in the fourth quarter valued at approximately $115,000. Beacon Pointe Advisors LLC purchased a new position in Calamos Global Total Return Fund during the 4th quarter worth $117,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Calamos Global Total Return Fund during the second quarter worth about $120,000.

Calamos Global Total Return Fund Stock Down 0.7%

Shares of NASDAQ:CGO traded down $0.09 during midday trading on Monday, reaching $13.28. 29,861 shares of the company’s stock were exchanged, compared to its average volume of 30,306. Calamos Global Total Return Fund has a fifty-two week low of $10.71 and a fifty-two week high of $14.20. The firm’s 50 day simple moving average is $13.24 and its two-hundred day simple moving average is $12.75.

Calamos Global Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 8.1%.

About Calamos Global Total Return Fund

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.