Calamos Global Total Return Fund (NASDAQ:CGO) Sees Large Decline in Short Interest

Calamos Global Total Return Fund (NASDAQ:CGO) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 48.1% from the February 28th total of 2,700 shares. Based on an average daily trading volume, of 26,900 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Calamos Global Total Return Fund

Several large investors have recently added to or reduced their stakes in CGO. Guggenheim Capital LLC increased its stake in shares of Calamos Global Total Return Fund by 30.0% during the 4th quarter. Guggenheim Capital LLC now owns 250,659 shares of the investment management company’s stock valued at $2,847,000 after acquiring an additional 57,917 shares during the last quarter. LPL Financial LLC increased its position in Calamos Global Total Return Fund by 1.9% during the fourth quarter. LPL Financial LLC now owns 227,247 shares of the investment management company’s stock worth $2,588,000 after purchasing an additional 4,205 shares during the last quarter. Principal Securities Inc. increased its position in Calamos Global Total Return Fund by 10.6% during the fourth quarter. Principal Securities Inc. now owns 176,395 shares of the investment management company’s stock worth $2,009,000 after purchasing an additional 16,928 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Calamos Global Total Return Fund by 13.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 157,136 shares of the investment management company’s stock worth $1,790,000 after purchasing an additional 18,069 shares during the period. Finally, Shaker Financial Services LLC acquired a new position in shares of Calamos Global Total Return Fund in the 4th quarter valued at $1,296,000.

Calamos Global Total Return Fund Stock Performance

Shares of NASDAQ CGO opened at $10.35 on Friday. Calamos Global Total Return Fund has a 1 year low of $9.57 and a 1 year high of $12.59. The firm’s 50 day moving average price is $11.11 and its 200 day moving average price is $11.55.

Calamos Global Total Return Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 9.28%. The ex-dividend date was Thursday, March 13th.

About Calamos Global Total Return Fund

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.