Short Interest in Calamos Global Total Return Fund (NASDAQ:CGO) Increases By 224.4%

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 7,685 shares, a growth of 224.4% from the June 30th total of 2,369 shares. Based on an average daily volume of 36,914 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CGO. Invesco Ltd. lifted its holdings in shares of Calamos Global Total Return Fund by 115.1% in the fourth quarter. Invesco Ltd. now owns 40,293 shares of the investment management company’s stock worth $459,000 after acquiring an additional 21,561 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Calamos Global Total Return Fund by 133.9% during the 4th quarter. Osaic Holdings Inc. now owns 27,720 shares of the investment management company’s stock valued at $316,000 after purchasing an additional 15,869 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Calamos Global Total Return Fund by 6.8% during the 3rd quarter. NewEdge Advisors LLC now owns 17,300 shares of the investment management company’s stock valued at $208,000 after purchasing an additional 1,100 shares during the last quarter. Beacon Pointe Advisors LLC bought a new stake in shares of Calamos Global Total Return Fund during the 4th quarter valued at approximately $117,000. Finally, Cetera Investment Advisers acquired a new position in Calamos Global Total Return Fund during the 4th quarter worth approximately $115,000.

Calamos Global Total Return Fund Trading Down 1.3%

Shares of CGO traded down $0.17 during midday trading on Monday, hitting $12.60. The company’s stock had a trading volume of 22,289 shares, compared to its average volume of 29,969. Calamos Global Total Return Fund has a one year low of $10.71 and a one year high of $14.20. The company’s fifty day simple moving average is $13.47 and its two-hundred day simple moving average is $12.65.

Calamos Global Total Return Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 14th were paid a $0.09 dividend. This represents a c) annualized dividend and a yield of 8.6%. This is a boost from Calamos Global Total Return Fund’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, July 14th.

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.