Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Down 51.8% in April

Calamos Global Total Return Fund (NASDAQ:CGO) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 9,400 shares, a drop of 51.8% from the March 31st total of 19,500 shares. Based on an average daily volume of 36,500 shares, the short-interest ratio is currently 0.3 days.

Calamos Global Total Return Fund Stock Up 0.7 %

Shares of CGO traded up $0.07 during midday trading on Friday, reaching $10.06. 17,279 shares of the stock were exchanged, compared to its average volume of 34,622. Calamos Global Total Return Fund has a 12-month low of $7.90 and a 12-month high of $10.93. The firm has a 50 day simple moving average of $10.12 and a 200-day simple moving average of $9.36.

Calamos Global Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 19th. Stockholders of record on Friday, April 12th were paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.54%. The ex-dividend date was Thursday, April 11th.

Institutional Investors Weigh In On Calamos Global Total Return Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in CGO. Brookstone Capital Management grew its stake in Calamos Global Total Return Fund by 18.8% in the first quarter. Brookstone Capital Management now owns 19,463 shares of the investment management company’s stock valued at $202,000 after acquiring an additional 3,086 shares during the period. Principal Securities Inc. acquired a new position in shares of Calamos Global Total Return Fund during the fourth quarter worth about $1,639,000. Shaker Financial Services LLC boosted its position in shares of Calamos Global Total Return Fund by 24.6% during the fourth quarter. Shaker Financial Services LLC now owns 80,650 shares of the investment management company’s stock worth $739,000 after buying an additional 15,924 shares during the period. Wolverine Asset Management LLC boosted its position in shares of Calamos Global Total Return Fund by 5,022.3% during the fourth quarter. Wolverine Asset Management LLC now owns 60,494 shares of the investment management company’s stock worth $549,000 after buying an additional 59,313 shares during the period. Finally, Gilliland Jeter Wealth Management LLC acquired a new position in shares of Calamos Global Total Return Fund during the fourth quarter worth 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.