Short Interest in Calamos Global Total Return Fund (NASDAQ:CGO) Drops By 14.3%

Calamos Global Total Return Fund (NASDAQ:CGO) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 15,600 shares, a decrease of 14.3% from the April 30th total of 18,200 shares. Based on an average daily volume of 27,300 shares, the short-interest ratio is presently 0.6 days.

Calamos Global Total Return Fund Trading Down 0.1%

Calamos Global Total Return Fund stock opened at $11.31 on Friday. Calamos Global Total Return Fund has a 52 week low of $8.71 and a 52 week high of $12.59. The firm’s 50-day simple moving average is $10.46 and its 200 day simple moving average is $11.04.

Calamos Global Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, June 12th will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 8.49%. The ex-dividend date is Thursday, June 12th.

Institutional Trading of Calamos Global Total Return Fund

Large investors have recently modified their holdings of the business. Advisors Asset Management Inc. purchased a new stake in Calamos Global Total Return Fund in the 1st quarter valued at approximately $231,000. Wolverine Asset Management LLC acquired a new position in shares of Calamos Global Total Return Fund in the first quarter worth $691,000. Shaker Financial Services LLC increased its position in Calamos Global Total Return Fund by 76.5% during the 1st quarter. Shaker Financial Services LLC now owns 199,765 shares of the investment management company’s stock worth $2,064,000 after purchasing an additional 86,613 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Calamos Global Total Return Fund by 3.0% during the 1st quarter. Harbour Investments Inc. now owns 56,041 shares of the investment management company’s stock worth $579,000 after purchasing an additional 1,649 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Calamos Global Total Return Fund by 2.0% in the first quarter. LPL Financial LLC now owns 231,775 shares of the investment management company’s stock valued at $2,394,000 after buying an additional 4,528 shares during the last quarter.

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.