The **Calamos Global Total Return Fund** (NASDAQ: CGO) experienced a significant increase in short interest in January 2024. As of **January 30**, the short interest reached **8,194 shares**, representing a sharp rise of **311.6%** from the **1,991 shares** reported on **January 15**. Based on the average daily trading volume of **26,494 shares**, this results in a short-interest ratio of approximately **0.3 days**.
In recent weeks, several hedge funds have adjusted their positions in the Calamos Global Total Return Fund. **Integrated Wealth Concepts LLC** acquired a new stake in the fund valued at about **$2,075,000** during the third quarter. Meanwhile, **Advisors Asset Management Inc.** significantly increased its holdings by **355.9%** in the second quarter, now owning **101,748 shares** worth approximately **$1,191,000** after purchasing an additional **79,428 shares**.
**Shaker Financial Services LLC** also boosted its position during the third quarter, increasing its holdings by **34.6%** to **214,332 shares**, valued at around **$2,581,000**. Additionally, **PMG Family Office LLC** entered the investment in the third quarter with a stake valued at approximately **$538,000**. Finally, **Wolverine Asset Management LLC** expanded its holdings by **36.4%** in the second quarter, now possessing **91,189 shares** worth about **$1,068,000** after acquiring an additional **24,337 shares**.
Calamos Fund Performance Insights
As of Wednesday, **Calamos Global Total Return Fund** opened at **$12.48**. The fund has seen volatility within the past year, with a fifty-two week low of **$8.71** and a high of **$12.53**. The current 50-day moving average price stands at **$11.78**, while the 200-day moving average price is slightly higher at **$11.79**.
The **Calamos Global Total Return Fund** is a closed-end management investment company that seeks to deliver total return through a mix of capital appreciation and current income. Managed by **Calamos Advisors LLC**, an affiliate of **Calamos Investments**, the fund employs a flexible, multi-asset strategy. This approach is designed to adapt to fluctuating market conditions while aiming for competitive risk-adjusted returns throughout various market cycles.
Investors can expect a globally diversified portfolio that includes equities and debt securities, such as common stocks, convertible securities, and high-yield corporate bonds. The fund’s strategic focus on blending growth and income opportunities makes it an attractive option for those looking to navigate the complexities of the investment landscape.
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