Calamos Global Total Return Fund (NASDAQ:CGO) Sees Significant Drop in Short Interest

Posted by Renee Jackson on Jan 14th, 2025

Calamos Global Total Return Fund (NASDAQ:CGO – Get Free Report) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 4,600 shares, a drop of 65.2% from the December 15th total of 13,200 shares. Based on an average daily volume of 23,800 shares, the days-to-cover ratio is presently 0.2 days.

Calamos Global Total Return Fund Trading Down 0.7 %

Shares of CGO stock traded down $0.08 during mid-day trading on Tuesday, reaching $11.10. The company’s stock had a trading volume of 12,162 shares, compared to its average volume of 33,695. The firm’s 50-day moving average is $11.69 and its two-hundred day moving average is $11.67. Calamos Global Total Return Fund has a 1-year low of $8.90 and a 1-year high of $12.59.

Calamos Global Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 8.65%. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Calamos Global Total Return Fund

An institutional investor recently raised its position in Calamos Global Total Return Fund stock. Brookstone Capital Management raised its position in shares of Calamos Global Total Return Fund (NASDAQ:CGO – Free Report) by 4.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,389 shares of the investment management company’s stock after buying an additional 880 shares during the period. Brookstone Capital Management’s holdings in Calamos Global Total Return Fund were worth $244,000 as of its most recent filing with the Securities and Exchange Commission.

About Calamos Global Total Return Fund

(Get Free Report)

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.