Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Up 17.5% in October

Calamos Global Total Return Fund (NASDAQ:CGO) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 29,500 shares, a growth of 17.5% from the September 30th total of 25,100 shares. Based on an average daily volume of 21,200 shares, the short-interest ratio is currently 1.4 days.

Hedge Funds Weigh In On Calamos Global Total Return Fund

Several large investors have recently bought and sold shares of the stock. Brookstone Capital Management raised its stake in shares of Calamos Global Total Return Fund by 4.5% in the 3rd quarter. Brookstone Capital Management now owns 20,389 shares of the investment management company’s stock valued at $244,000 after buying an additional 880 shares in the last quarter. Comerica Bank lifted its holdings in shares of Calamos Global Total Return Fund by 43.6% during the 1st quarter. Comerica Bank now owns 6,585 shares of the investment management company’s stock worth $68,000 after acquiring an additional 2,000 shares during the period. Finally, Harbour Investments Inc. lifted its holdings in shares of Calamos Global Total Return Fund by 5.4% during the 2nd quarter. Harbour Investments Inc. now owns 58,725 shares of the investment management company’s stock worth $651,000 after acquiring an additional 3,000 shares during the period.

Calamos Global Total Return Fund Stock Performance

CGO stock traded up $0.08 during trading hours on Wednesday, hitting $12.07. The company’s stock had a trading volume of 8,779 shares, compared to its average volume of 28,975. Calamos Global Total Return Fund has a 12 month low of $8.07 and a 12 month high of $12.59. The stock has a 50 day moving average price of $11.87 and a two-hundred day moving average price of $11.21.

Calamos Global Total Return Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th were paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a yield of 7.95%. The ex-dividend date was Tuesday, October 15th.

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.