Short Interest in Calamos Global Total Return Fund (NASDAQ:CGO) Declines By 72.7%

Calamos Global Total Return Fund (NASDAQ:CGO) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,234 shares, a drop of 72.7% from the January 29th total of 8,194 shares. Based on an average trading volume of 27,031 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 27,031 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CGO. Shaker Financial Services LLC raised its stake in Calamos Global Total Return Fund by 34.6% during the 3rd quarter. Shaker Financial Services LLC now owns 214,332 shares of the investment management company’s stock worth $2,581,000 after acquiring an additional 55,053 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of Calamos Global Total Return Fund in the third quarter worth $2,075,000. Guggenheim Capital LLC raised its position in shares of Calamos Global Total Return Fund by 1.7% during the 4th quarter. Guggenheim Capital LLC now owns 172,012 shares of the investment management company’s stock valued at $1,959,000 after purchasing an additional 2,902 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Calamos Global Total Return Fund by 3.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 166,291 shares of the investment management company’s stock valued at $2,002,000 after buying an additional 5,267 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in shares of Calamos Global Total Return Fund by 9.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 111,477 shares of the investment management company’s stock valued at $1,342,000 after buying an additional 9,729 shares in the last quarter.

Calamos Global Total Return Fund Price Performance

Shares of CGO stock opened at $12.74 on Thursday. Calamos Global Total Return Fund has a 1 year low of $8.71 and a 1 year high of $12.79. The firm has a fifty day moving average price of $12.04 and a 200-day moving average price of $11.85.

Calamos Global Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, February 23rd. Stockholders of record on Friday, February 13th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a c) annualized dividend and a dividend yield of 7.5%.

Calamos Global Total Return Fund Company Profile

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.