Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Up 53.4% in December

Calamos Global Total Return Fund (NASDAQ:CGO) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 6,062 shares, a growth of 53.4% from the November 30th total of 3,953 shares. Based on an average daily volume of 17,027 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 17,027 shares, the days-to-cover ratio is currently 0.4 days.

Calamos Global Total Return Fund Stock Down 0.9%

Shares of CGO stock opened at $11.47 on Wednesday. Calamos Global Total Return Fund has a 52 week low of $8.71 and a 52 week high of $12.35. The company has a 50-day simple moving average of $11.48 and a 200 day simple moving average of $11.69.

Calamos Global Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 9th. Stockholders of record on Tuesday, December 30th will be issued a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date is Tuesday, December 30th.

Hedge Funds Weigh In On Calamos Global Total Return Fund

Large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in Calamos Global Total Return Fund by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 161,024 shares of the investment management company’s stock valued at $1,886,000 after buying an additional 4,122 shares in the last quarter. Allworth Financial LP bought a new stake in shares of Calamos Global Total Return Fund in the second quarter valued at about $82,000. Advisors Asset Management Inc. grew 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 valued at $1,191,000 after acquiring an additional 79,428 shares in the last quarter. Brookstone Capital Management increased its position in Calamos Global Total Return Fund by 13.5% during the third quarter. Brookstone Capital Management now owns 44,992 shares of the investment management company’s stock worth $542,000 after acquiring an additional 5,358 shares during the period. Finally, Shaker Financial Services LLC raised its stake in Calamos Global Total Return Fund by 34.6% in the 3rd quarter. Shaker Financial Services LLC now owns 214,332 shares of the investment management company’s stock worth $2,581,000 after purchasing an additional 55,053 shares in the last quarter.

Calamos Global Total Return Fund Company Profile

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.