Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Down 28.9% in February

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,700 shares, a drop of 28.9% from the February 13th total of 3,800 shares. Based on an average daily volume of 26,400 shares, the short-interest ratio is presently 0.1 days.

Calamos Global Total Return Fund Stock Down 0.4 %

NASDAQ CGO traded down $0.05 during trading on Tuesday, reaching $10.53. 9,425 shares of the company traded hands, compared to its average volume of 26,687. Calamos Global Total Return Fund has a 1-year low of $9.57 and a 1-year high of $12.59. The stock’s 50 day moving average price is $11.23 and its two-hundred day moving average price is $11.61.

Calamos Global Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.96 annualized dividend and a yield of 9.12%.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in Calamos Global Total Return Fund during the 4th quarter valued at about $38,000. Raymond James Financial Inc. bought a new position in shares of Calamos Global Total Return Fund in the fourth quarter valued at approximately $298,000. Prairie Wealth Advisors Inc. boosted its holdings in shares of Calamos Global Total Return Fund by 9.4% in the 4th quarter. Prairie Wealth Advisors Inc. now owns 78,175 shares of the investment management company’s stock worth $897,000 after acquiring an additional 6,700 shares in the last quarter. Invesco Ltd. grew its position in Calamos Global Total Return Fund by 2.4% during the 4th quarter. Invesco Ltd. now owns 88,223 shares of the investment management company’s stock worth $1,005,000 after acquiring an additional 2,085 shares during the last quarter. Finally, Shaker Financial Services LLC acquired a new stake in Calamos Global Total Return Fund during the 4th quarter valued at $1,296,000.

Calamos Global Total Return Fund Company Profile

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.