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

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

Hedge Funds Weigh In On Calamos Global Total Return Fund

A number of large investors have recently bought and sold shares of the stock. Beacon Pointe Advisors LLC acquired a new position in shares of Calamos Global Total Return Fund in the 4th quarter valued at $117,000. Cetera Investment Advisers acquired a new stake in shares of Calamos Global Total Return Fund during the 4th quarter worth $115,000. Bank of America Corp DE increased its holdings in shares of Calamos Global Total Return Fund by 2.3% during the 1st quarter. Bank of America Corp DE now owns 38,050 shares of the investment management company’s stock worth $424,000 after buying an additional 847 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Calamos Global Total Return Fund in the 1st quarter worth $63,000. Finally, Kestra Advisory Services LLC raised its position in shares of Calamos Global Total Return Fund by 33.3% in the 1st quarter. Kestra Advisory Services LLC now owns 22,652 shares of the investment management company’s stock worth $253,000 after buying an additional 5,655 shares during the period.

Calamos Global Total Return Fund Trading Down 1.1%

Shares of NASDAQ CGO traded down $0.15 on Thursday, reaching $13.44. 15,149 shares of the company traded hands, compared to its average volume of 29,965. Calamos Global Total Return Fund has a fifty-two week low of $10.71 and a fifty-two week high of $14.20. The company has a 50 day moving average of $13.35 and a 200 day moving average of $12.36.

Calamos Global Total Return Fund Announces Dividend

The business also recently announced 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) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date was Friday, June 12th.

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.