Short Interest in Calamos Global Total Return Fund (NASDAQ:CGO) Declines By 65.2%

Calamos Global Total Return Fund (NASDAQ:CGO) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 4,600 shares, a decline of 65.2% from the December 31st total of 13,200 shares. Based on an average daily volume of 23,800 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Hedge funds have recently made changes to their positions in the business. Golden State Wealth Management LLC purchased a new position in Calamos Global Total Return Fund in the 4th quarter valued at $38,000. Brookstone Capital Management boosted its holdings in shares of Calamos Global Total Return Fund by 4.5% in the third quarter. Brookstone Capital Management now owns 20,389 shares of the investment management company’s stock valued at $244,000 after acquiring an additional 880 shares in the last quarter. Finally, Prairie Wealth Advisors Inc. increased its stake in shares of Calamos Global Total Return Fund by 9.4% during the fourth quarter. Prairie Wealth Advisors Inc. now owns 78,175 shares of the investment management company’s stock worth $897,000 after acquiring an additional 6,700 shares during the period.

Calamos Global Total Return Fund Price Performance

NASDAQ CGO traded down $0.04 on Wednesday, reaching $11.27. The stock had a trading volume of 6,307 shares, compared to its average volume of 27,455. Calamos Global Total Return Fund has a 12-month low of $9.24 and a 12-month high of $12.59. The business’s 50-day moving average price is $11.59 and its 200 day moving average price is $11.66.

Calamos Global Total Return Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 8.52%. The ex-dividend date was Monday, December 30th.

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.