Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Update

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a large drop in short interest in May. As of May 31st, there was short interest totalling 11,600 shares, a drop of 25.6% from the May 15th total of 15,600 shares. Based on an average daily volume of 24,800 shares, the days-to-cover ratio is currently 0.5 days.

Calamos Global Total Return Fund Trading Down 1.4%

NASDAQ:CGO opened at $11.28 on Wednesday. The stock has a fifty day simple moving average of $10.75 and a 200 day simple moving average of $11.02. Calamos Global Total Return Fund has a 1-year low of $8.71 and a 1-year high of $12.59.

Calamos Global Total Return Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, June 12th will be paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a yield of 8.51%. The ex-dividend date is Thursday, June 12th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Shaker Financial Services LLC increased its stake in Calamos Global Total Return Fund by 76.5% in the 1st quarter. Shaker Financial Services LLC now owns 199,765 shares of the investment management company’s stock valued at $2,064,000 after buying an additional 86,613 shares during the period. Harbour Investments Inc. increased its stake in shares of Calamos Global Total Return Fund by 3.0% in the first quarter. Harbour Investments Inc. now owns 56,041 shares of the investment management company’s stock worth $579,000 after acquiring an additional 1,649 shares during the last quarter. Golden State Wealth Management LLC raised its holdings in shares of Calamos Global Total Return Fund by 104.3% during the first quarter. Golden State Wealth Management LLC now owns 6,748 shares of the investment management company’s stock worth $70,000 after acquiring an additional 3,445 shares in the last quarter. Prairie Wealth Advisors Inc. boosted its position in Calamos Global Total Return Fund by 6.9% during the first quarter. Prairie Wealth Advisors Inc. now owns 83,575 shares of the investment management company’s stock valued at $863,000 after purchasing an additional 5,400 shares during the last quarter. Finally, NBC Securities Inc. boosted its position in Calamos Global Total Return Fund by 113,000.0% during the first quarter. NBC Securities Inc. now owns 4,524 shares of the investment management company’s stock valued at $46,000 after purchasing an additional 4,520 shares during the last quarter.

Calamos Global Total Return Fund Company Profile

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.