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

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 6,062 shares, an increase of 53.4% from the November 30th total of 3,953 shares. Based on an average daily volume of 17,027 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 17,027 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Shaker Financial Services LLC increased its position 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 valued at $2,581,000 after purchasing an additional 55,053 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of Calamos Global Total Return Fund during the 3rd quarter valued at $2,075,000. Envestnet Asset Management Inc. boosted its position in shares of Calamos Global Total Return Fund by 3.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 166,291 shares of the investment management company’s stock worth $2,002,000 after purchasing an additional 5,267 shares in the last quarter. Advisors Asset Management Inc. grew its stake in 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 worth $1,342,000 after buying an additional 9,729 shares during the last quarter. Finally, Wolverine Asset Management LLC increased its position in Calamos Global Total Return Fund by 36.4% during the 2nd quarter. Wolverine Asset Management LLC now owns 91,189 shares of the investment management company’s stock valued at $1,068,000 after buying an additional 24,337 shares in the last quarter.

Calamos Global Total Return Fund Price Performance

Shares of NASDAQ:CGO opened at $11.58 on Monday. The business’s 50 day moving average is $11.50 and its 200 day moving average is $11.69. Calamos Global Total Return Fund has a 52-week low of $8.71 and a 52-week high of $12.35.

Calamos Global Total Return Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 9th. Stockholders of record on Tuesday, December 30th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%.

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.