Short Interest in Calamos Global Total Return Fund (NASDAQ:CGO) Increases By 7.3%

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 25,100 shares, a growth of 7.3% from the September 15th total of 23,400 shares. Based on an average daily volume of 24,500 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Calamos Global Total Return Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Comerica Bank boosted its stake in shares of Calamos Global Total Return Fund by 43.6% during the 1st quarter. Comerica Bank now owns 6,585 shares of the investment management company’s stock worth $68,000 after purchasing an additional 2,000 shares during the last quarter. Brookstone Capital Management boosted its position in Calamos Global Total Return Fund by 18.8% during the first quarter. Brookstone Capital Management now owns 19,463 shares of the investment management company’s stock worth $202,000 after acquiring an additional 3,086 shares during the last quarter. Finally, Harbour Investments Inc. boosted its position in Calamos Global Total Return Fund by 5.4% during the second quarter. Harbour Investments Inc. now owns 58,725 shares of the investment management company’s stock worth $651,000 after acquiring an additional 3,000 shares during the last quarter.

Calamos Global Total Return Fund Stock Down 0.6 %

CGO stock opened at $12.24 on Friday. The stock’s 50 day moving average price is $11.72 and its 200 day moving average price is $11.08. Calamos Global Total Return Fund has a 1 year low of $7.90 and a 1 year high of $12.47.

Calamos Global Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th will be paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.