Calamos Global Total Return Fund (NASDAQ:CGO) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Calamos Global Total Return Fund (NASDAQ:CGO) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.62 and traded as low as $11.61. Calamos Global Total Return Fund shares last traded at $11.81, with a volume of 31,292 shares traded.

Calamos Global Total Return Fund Price Performance

The firm has a 50 day moving average of $12.02 and a two-hundred day moving average of $11.62.

Calamos Global Total Return Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, November 14th will be paid a $0.08 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, November 14th.

Hedge Funds Weigh In On Calamos Global Total Return Fund

Several large investors have recently modified their holdings of CGO. Shaker Financial Services LLC grew its position in Calamos Global Total Return Fund by 76.5% during 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 purchasing an additional 86,613 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Calamos Global Total Return Fund by 355.9% in the second quarter. Advisors Asset Management Inc. now owns 101,748 shares of the investment management company’s stock worth $1,191,000 after buying an additional 79,428 shares in the last quarter. Wolverine Asset Management LLC bought a new position in shares of Calamos Global Total Return Fund in the first quarter worth approximately $691,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Calamos Global Total Return Fund during the third quarter valued at approximately $126,000. Finally, Allworth Financial LP bought a new stake in shares of Calamos Global Total Return Fund during the second quarter valued at approximately $82,000.

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.