Calamos Global Total Return Fund (NASDAQ:CGO) Short Interest Up 29.4% in August

Calamos Global Total Return Fund (NASDAQ:CGO) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 2,200 shares, an increase of 29.4% from the August 15th total of 1,700 shares. Based on an average daily volume of 20,600 shares, the days-to-cover ratio is presently 0.1 days.

Calamos Global Total Return Fund Trading Up 0.2 %

Shares of CGO traded up $0.02 on Friday, reaching $9.18. The stock had a trading volume of 20,980 shares, compared to its average volume of 25,333. The company has a 50-day simple moving average of $9.47 and a 200-day simple moving average of $9.41. Calamos Global Total Return Fund has a 12-month low of $8.71 and a 12-month high of $12.38.

Calamos Global Total Return Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 18th. Shareholders of record on Tuesday, September 12th will be paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 10.46%. The ex-dividend date of this dividend is Monday, September 11th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC purchased a new position in shares of Calamos Global Total Return Fund in the first quarter worth $57,000. Ahrens Investment Partners LLC purchased a new position in shares of Calamos Global Total Return Fund in the first quarter worth $81,000. CoreCap Advisors LLC purchased a new position in shares of Calamos Global Total Return Fund in the fourth quarter worth $89,000. Avantax Advisory Services Inc. purchased a new position in shares of Calamos Global Total Return Fund in the first quarter worth $105,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of Calamos Global Total Return Fund in the fourth quarter worth $124,000.

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.