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 large growth in short interest during the month of 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.

Calamos Global Total Return Fund Trading Up 0.7 %

CGO stock traded up $0.08 during trading on Wednesday, hitting $12.07. 8,779 shares of the stock traded hands, compared to its average volume of 28,975. Calamos Global Total Return Fund has a one year low of $8.07 and a one year high of $12.59. The company has a 50 day simple moving average of $11.87 and a 200 day simple moving average of $11.21.

Calamos Global Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th were issued 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.

Hedge Funds Weigh In On Calamos Global Total Return Fund

Institutional investors have recently added to or reduced their stakes in the company. Comerica Bank increased its position in Calamos Global Total Return Fund by 43.6% in the 1st quarter. Comerica Bank now owns 6,585 shares of the investment management company’s stock valued at $68,000 after acquiring an additional 2,000 shares in the last quarter. Brookstone Capital Management increased its position in Calamos Global Total Return Fund by 18.8% in the 1st 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 in the last quarter. Finally, Harbour Investments Inc. increased its position in Calamos Global Total Return Fund by 5.4% in the 2nd quarter. Harbour Investments Inc. now owns 58,725 shares of the investment management company’s stock valued at $651,000 after acquiring an additional 3,000 shares in the last quarter.

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.