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

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 4,128 shares, a drop of 34.3% from the March 15th total of 6,284 shares. Based on an average daily volume of 23,653 shares, the days-to-cover ratio is currently 0.2 days.

Calamos Global Total Return Fund Price Performance

Calamos Global Total Return Fund stock traded up $0.01 during midday trading on Wednesday, reaching $12.53. The company’s stock had a trading volume of 30,647 shares, compared to its average volume of 30,822. Calamos Global Total Return Fund has a fifty-two week low of $9.60 and a fifty-two week high of $12.79. The stock’s 50 day simple moving average is $11.92 and its 200 day simple moving average is $11.80.

Calamos Global Total Return Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 14th will be given a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Tuesday, April 14th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in shares of Calamos Global Total Return Fund by 6.8% in the 3rd quarter. NewEdge Advisors LLC now owns 17,300 shares of the investment management company’s stock worth $208,000 after purchasing an additional 1,100 shares during the period. CoreCap Advisors LLC lifted its stake in shares of 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 worth $64,000 after purchasing an additional 1,500 shares in the last quarter. Prairie Wealth Advisors Inc. lifted its position in Calamos Global Total Return Fund by 1.9% during the 3rd quarter. Prairie Wealth Advisors Inc. now owns 88,575 shares of the investment management company’s stock worth $1,066,000 after acquiring an additional 1,650 shares in the last quarter. Brookstone Capital Management grew its holdings in Calamos Global Total Return Fund by 5.8% during the 4th quarter. Brookstone Capital Management now owns 47,583 shares of the investment management company’s stock valued at $542,000 after purchasing an additional 2,591 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its holdings in Calamos Global Total Return Fund by 1.7% in the fourth quarter. Guggenheim Capital LLC now owns 172,012 shares of the investment management company’s stock valued at $1,959,000 after purchasing an additional 2,902 shares during the last quarter.

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.