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 February. As of February 28th, there was short interest totalling 2,700 shares, a drop of 28.9% from the February 13th total of 3,800 shares. Based on an average daily trading volume, of 26,400 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CGO. Prairie Wealth Advisors Inc. increased its position in Calamos Global Total Return Fund by 9.4% during the 4th quarter. Prairie Wealth Advisors Inc. now owns 78,175 shares of the investment management company’s stock valued at $897,000 after buying an additional 6,700 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Calamos Global Total Return Fund during the fourth quarter worth $38,000. Principal Securities Inc. increased its position in shares of Calamos Global Total Return Fund by 10.6% in the 4th quarter. Principal Securities Inc. now owns 176,395 shares of the investment management company’s stock valued at $2,009,000 after acquiring an additional 16,928 shares during the period. Raymond James Financial Inc. purchased a new position in Calamos Global Total Return Fund in the 4th quarter worth $298,000. Finally, LPL Financial LLC boosted its position in Calamos Global Total Return Fund by 1.9% in the fourth quarter. LPL Financial LLC now owns 227,247 shares of the investment management company’s stock valued at $2,588,000 after buying an additional 4,205 shares during the last quarter.

Calamos Global Total Return Fund Stock Performance

Shares of NASDAQ CGO opened at $10.51 on Monday. Calamos Global Total Return Fund has a 1-year low of $9.57 and a 1-year high of $12.59. The business has a fifty day moving average price of $11.24 and a 200 day moving average price of $11.62.

Calamos Global Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th will be issued a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.13%. The ex-dividend date of this dividend is Thursday, March 13th.

About Calamos Global Total Return Fund

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.