Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Down 71.8% in December

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,707 shares, a decline of 71.8% from the December 15th total of 6,062 shares. Based on an average daily trading volume, of 23,516 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 23,516 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Calamos Global Total Return Fund

A number of institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC boosted its position in Calamos Global Total Return Fund by 36.5% during the fourth quarter. CoreCap Advisors LLC now owns 5,615 shares of the investment management company’s stock valued at $64,000 after acquiring an additional 1,500 shares during the last quarter. PMG Family Office LLC acquired a new position in shares of Calamos Global Total Return Fund in the 3rd quarter valued at about $538,000. Envestnet Asset Management Inc. boosted its position 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 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 third quarter. Advisors Asset Management Inc. now owns 111,477 shares of the investment management company’s stock worth $1,342,000 after purchasing an additional 9,729 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in Calamos Global Total Return Fund during the third quarter worth approximately $126,000.

Calamos Global Total Return Fund Stock Performance

Shares of CGO opened at $12.10 on Wednesday. The business has a 50-day moving average of $11.44 and a 200-day moving average of $11.71. Calamos Global Total Return Fund has a 1 year low of $8.71 and a 1 year high of $12.35.

Calamos Global Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.08 per share. The ex-dividend date was Tuesday, December 30th. This represents a c) annualized dividend and a yield of 7.9%.

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.