Calamos Global Total Return Fund (NASDAQ:CGO) Sees Significant Drop in Short Interest

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,599 shares, a decline of 91.1% from the May 31st total of 17,991 shares. Based on an average trading volume of 27,086 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Several institutional investors have recently added to or reduced their stakes in CGO. Integrated Wealth Concepts LLC bought a new stake in shares of Calamos Global Total Return Fund in the third quarter valued at about $2,075,000. PMG Family Office LLC bought a new position in shares of Calamos Global Total Return Fund during the 3rd quarter worth approximately $538,000. Cohen & Steers Inc. raised its holdings in shares of Calamos Global Total Return Fund by 90.4% in the fourth quarter. Cohen & Steers Inc. now owns 57,277 shares of the investment management company’s stock valued at $652,000 after purchasing an additional 27,190 shares during the last quarter. Invesco Ltd. lifted its position in shares of Calamos Global Total Return Fund by 115.1% in the fourth quarter. Invesco Ltd. now owns 40,293 shares of the investment management company’s stock worth $459,000 after purchasing an additional 21,561 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in Calamos Global Total Return Fund by 133.9% during the fourth quarter. Osaic Holdings Inc. now owns 27,720 shares of the investment management company’s stock worth $316,000 after purchasing an additional 15,869 shares during the last quarter.

Calamos Global Total Return Fund Trading Down 1.3%

Shares of NASDAQ CGO traded down $0.18 during mid-day trading on Friday, reaching $13.26. 27,822 shares of the company’s stock were exchanged, compared to its average volume of 29,947. The business has a fifty day simple moving average of $13.38 and a 200 day simple moving average of $12.38. Calamos Global Total Return Fund has a twelve month low of $10.71 and a twelve month high of $14.20.

Calamos Global Total Return Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 12th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 7.2%.

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.