Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Up 123.7% in July

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 17,000 shares, a growth of 123.7% from the June 30th total of 7,600 shares. Based on an average daily volume of 31,200 shares, the days-to-cover ratio is currently 0.5 days.

Calamos Global Total Return Fund Trading Down 0.6 %

NASDAQ CGO traded down $0.07 on Friday, reaching $11.21. 34,863 shares of the stock traded hands, compared to its average volume of 32,840. Calamos Global Total Return Fund has a 12 month low of $7.90 and a 12 month high of $11.93. The company has a fifty day moving average price of $11.04 and a 200-day moving average price of $10.31.

Calamos Global Total Return Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, July 12th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, July 12th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.56%.

Institutional Investors Weigh In On Calamos Global Total Return Fund

A number of hedge funds have recently made changes to their positions in CGO. Brookstone Capital Management grew its holdings in shares of Calamos Global Total Return Fund by 36.0% during the fourth quarter. Brookstone Capital Management now owns 16,377 shares of the investment management company’s stock valued at $149,000 after buying an additional 4,339 shares during the last quarter. CoreCap Advisors LLC increased its holdings in Calamos Global Total Return Fund by 22.8% in the fourth quarter. CoreCap Advisors LLC now owns 13,811 shares of the investment management company’s stock valued at $125,000 after buying an additional 2,568 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Calamos Global Total Return Fund by 54.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 21,359 shares of the investment management company’s stock valued at $194,000 after buying an additional 7,559 shares in the last quarter. Wolverine Asset Management LLC raised its position in shares of Calamos Global Total Return Fund by 5,022.3% in the fourth quarter. Wolverine Asset Management LLC now owns 60,494 shares of the investment management company’s stock worth $549,000 after acquiring an additional 59,313 shares during the period. Finally, Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Calamos Global Total Return Fund during the 4th quarter valued at about $164,000.

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.