Short Interest in Calamos Global Total Return Fund (NASDAQ:CGO) Increases By 938.1%

Calamos Global Total Return Fund (NASDAQ:CGO) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 43,600 shares, a growth of 938.1% from the February 29th total of 4,200 shares. Based on an average daily trading volume, of 34,300 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of Calamos Global Total Return Fund

A number of large investors have recently bought and sold shares of the business. Comerica Bank bought a new position in shares of Calamos Global Total Return Fund during the 3rd quarter worth about $32,000. NBC Securities Inc. bought a new position in shares of Calamos Global Total Return Fund during the 3rd quarter worth about $35,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of Calamos Global Total Return Fund during the 3rd quarter worth about $121,000. CoreCap Advisors LLC boosted its position in shares of Calamos Global Total Return Fund by 22.8% during the 4th quarter. CoreCap Advisors LLC now owns 13,811 shares of the investment management company’s stock worth $125,000 after purchasing an additional 2,568 shares in the last quarter. Finally, Brookstone Capital Management lifted its position in Calamos Global Total Return Fund by 36.0% in the 4th quarter. Brookstone Capital Management now owns 16,377 shares of the investment management company’s stock valued at $149,000 after acquiring an additional 4,339 shares in the last quarter.

Calamos Global Total Return Fund Stock Performance

NASDAQ CGO opened at $10.42 on Thursday. Calamos Global Total Return Fund has a twelve month low of $7.90 and a twelve month high of $10.93. The stock has a fifty day simple moving average of $9.81 and a 200 day simple moving average of $9.18.

Calamos Global Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 14th were issued a $0.08 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.96 dividend on an annualized basis and a yield of 9.21%.

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.