Calamos Global Total Return Fund (NASDAQ:CGO) Stock Short Interest Report for September

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 23,921 shares, an increase of 61.5% from the September 15th total of 14,810 shares. Based on an average daily trading volume, of 20,665 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of Calamos Global Total Return Fund

Several institutional investors have recently added to or reduced their stakes in CGO. Shaker Financial Services LLC grew its stake in shares of Calamos Global Total Return Fund by 4.5% during the 3rd quarter. Shaker Financial Services LLC now owns 185,151 shares of the investment management company’s stock valued at $2,388,000 after acquiring an additional 8,045 shares during the period. Advisory Solutions Group LLC purchased a new stake in Calamos Global Total Return Fund in the 2nd quarter worth approximately $716,000. Continuum Advisory LLC purchased a new stake in Calamos Global Total Return Fund in the 2nd quarter worth approximately $57,000. Bank of America Corp DE increased its holdings in Calamos Global Total Return Fund by 2.3% in the 1st quarter. Bank of America Corp DE now owns 38,050 shares of the investment management company’s stock worth $424,000 after acquiring an additional 847 shares in the last quarter. Finally, Retirement Planning Group LLC raised its stake in Calamos Global Total Return Fund by 60.6% during the 1st quarter. Retirement Planning Group LLC now owns 18,083 shares of the investment management company’s stock worth $202,000 after acquiring an additional 6,820 shares during the period.

Calamos Global Total Return Fund Price Performance

Shares of CGO traded down $0.60 on Friday, hitting $11.60. 32,050 shares of the stock traded hands, compared to its average volume of 28,957. The business has a 50 day simple moving average of $12.91 and a 200 day simple moving average of $13.01. Calamos Global Total Return Fund has a one year low of $10.71 and a one year high of $14.20.

Calamos Global Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, October 21st. Investors of record on Wednesday, October 14th will be given a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $1.08 annualized dividend and a yield of 9.3%.

About Calamos Global Total Return Fund

Calamos Global Total Return Fund (NASDAQ: CGO) is a closed-end investment fund managed by Calamos Advisors LLC, an affiliate of Calamos Asset Management. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.

To pursue its objective, the fund invests in a globally diversified portfolio of securities, which may include common stocks, preferred stocks, convertible securities and fixed-income instruments. Its portfolio may include investments in companies and issuers located in the United States and international markets, giving shareholders exposure to multiple regions and asset classes.

Calamos Global Total Return Fund is designed for investors seeking professionally managed global exposure through a single closed-end fund.