Calamos Global Total Return Fund (NASDAQ:CGO) Sees Significant Increase in Short Interest

Calamos Global Total Return Fund (NASDAQ:CGO) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 16,577 shares, a growth of 124.3% from the April 15th total of 7,389 shares. Based on an average trading volume of 23,786 shares, the short-interest ratio is presently 0.7 days.

Calamos Global Total Return Fund Stock Down 1.5%

Shares of CGO stock traded down $0.20 during trading hours on Friday, hitting $13.54. 23,682 shares of the company were exchanged, compared to its average volume of 30,934. The business has a 50 day moving average of $12.16 and a two-hundred day moving average of $11.94. Calamos Global Total Return Fund has a 52 week low of $10.71 and a 52 week high of $13.81.

Calamos Global Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a c) annualized dividend and a dividend yield of 7.1%.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Several large investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC bought a new stake in shares of Calamos Global Total Return Fund during the third quarter worth $2,075,000. Guggenheim Capital LLC increased its position in shares of Calamos Global Total Return Fund by 1.7% during the fourth quarter. Guggenheim Capital LLC now owns 172,012 shares of the investment management company’s stock worth $1,959,000 after acquiring an additional 2,902 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of 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 worth $2,002,000 after acquiring an additional 5,267 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of Calamos Global Total Return Fund by 9.6% during the third quarter. Advisors Asset Management Inc. now owns 111,477 shares of the investment management company’s stock worth $1,342,000 after acquiring an additional 9,729 shares in the last quarter. Finally, Prairie Wealth Advisors Inc. increased its position in shares of Calamos Global Total Return Fund by 1.9% during the third quarter. Prairie Wealth Advisors Inc. now owns 88,575 shares of the investment management company’s stock worth $1,066,000 after acquiring an additional 1,650 shares in the last quarter.

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.