Calamos Global Total Return Fund (NASDAQ:CGO) Sees Large Decrease in Short Interest

Calamos Global Total Return Fund (NASDAQ:CGO) saw a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 1,200 shares, a decrease of 88.8% from the November 15th total of 10,700 shares. Based on an average daily volume of 22,200 shares, the days-to-cover ratio is presently 0.1 days.

Calamos Global Total Return Fund Stock Down 0.5 %

Shares of NASDAQ CGO traded down $0.06 during midday trading on Wednesday, reaching $12.02. The company’s stock had a trading volume of 11,481 shares, compared to its average volume of 28,425. Calamos Global Total Return Fund has a fifty-two week low of $8.88 and a fifty-two week high of $12.59. The business’s 50 day moving average price is $11.96 and its two-hundred day moving average price is $11.54.

Calamos Global Total Return Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, December 13th will be issued a $0.08 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.96 dividend on an annualized basis and a yield of 7.99%.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Brookstone Capital Management raised its stake in Calamos Global Total Return Fund by 4.5% during the 3rd quarter. Brookstone Capital Management now owns 20,389 shares of the investment management company’s stock worth $244,000 after buying an additional 880 shares during the period. Harbour Investments Inc. raised its position in shares of Calamos Global Total Return Fund by 5.4% during the second quarter. Harbour Investments Inc. now owns 58,725 shares of the investment management company’s stock worth $651,000 after purchasing an additional 3,000 shares during the period. Finally, Comerica Bank lifted its holdings in shares of Calamos Global Total Return Fund by 43.6% in the 1st quarter. Comerica Bank now owns 6,585 shares of the investment management company’s stock worth $68,000 after purchasing an additional 2,000 shares in the last quarter.

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.