Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Down 22.3% in June

Calamos Global Total Return Fund (NASDAQ:CGO) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 8,700 shares, a decline of 22.3% from the May 31st total of 11,200 shares. Based on an average trading volume of 32,100 shares, the short-interest ratio is presently 0.3 days.

Calamos Global Total Return Fund Trading Up 0.3 %

CGO stock traded up $0.03 during mid-day trading on Monday, reaching $11.11. 11,282 shares of the stock traded hands, compared to its average volume of 32,816. Calamos Global Total Return Fund has a one year low of $7.90 and a one year high of $11.18. The business has a 50-day moving average price of $10.57 and a two-hundred day moving average price of $10.00.

Calamos Global Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 20th. Shareholders of record on Friday, June 14th were given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 8.64%. The ex-dividend date of this dividend was Friday, June 14th.

Institutional Trading of Calamos Global Total Return Fund

A number of large investors have recently made changes to their positions in the stock. Comerica Bank lifted its stake in Calamos Global Total Return Fund by 43.6% in the first 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. Brookstone Capital Management lifted its position in shares of Calamos Global Total Return Fund by 18.8% during the first quarter. Brookstone Capital Management now owns 19,463 shares of the investment management company’s stock valued at $202,000 after buying an additional 3,086 shares during the last quarter. Principal Securities Inc. purchased a new stake in shares of Calamos Global Total Return Fund during the fourth quarter valued at about $1,639,000. Shaker Financial Services LLC increased its holdings 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 valued at $739,000 after acquiring an additional 15,924 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its holdings 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 valued at $549,000 after acquiring an additional 59,313 shares in the last quarter.

About Calamos Global Total Return Fund

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.