Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Short Interest Update

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 17,443 shares, a decrease of 54.8% from the June 15th total of 38,605 shares. Based on an average daily trading volume, of 151,101 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Clough Global Opportunities Fund

A number of hedge funds have recently bought and sold shares of the business. Bulldog Investors LLP grew its position in shares of Clough Global Opportunities Fund by 7.9% during the 1st quarter. Bulldog Investors LLP now owns 619,001 shares of the investment management company’s stock valued at $3,448,000 after acquiring an additional 45,152 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Clough Global Opportunities Fund by 14.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 378,746 shares of the investment management company’s stock valued at $2,110,000 after purchasing an additional 47,710 shares during the last quarter. Private Advisor Group LLC grew its holdings in Clough Global Opportunities Fund by 3.2% during the first quarter. Private Advisor Group LLC now owns 735,486 shares of the investment management company’s stock valued at $4,097,000 after purchasing an additional 22,963 shares during the period. Patriot Financial Group Insurance Agency LLC grew its holdings in Clough Global Opportunities Fund by 448.6% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 110,204 shares of the investment management company’s stock valued at $614,000 after purchasing an additional 90,115 shares during the period. Finally, NWF Advisory Services Inc. purchased a new stake in Clough Global Opportunities Fund in the fourth quarter worth $85,000.

Clough Global Opportunities Fund Price Performance

GLO traded down $0.09 during mid-day trading on Thursday, reaching $5.95. 64,602 shares of the stock were exchanged, compared to its average volume of 180,029. Clough Global Opportunities Fund has a 1 year low of $5.33 and a 1 year high of $6.18. The company has a 50 day moving average price of $5.98 and a two-hundred day moving average price of $5.88.

Clough Global Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 17th will be issued a $0.0537 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a c) annualized dividend and a dividend yield of 10.8%.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund (NYSE American: GLO) is a closed-end management investment company that seeks to deliver attractive risk-adjusted returns through a focus on income generation and capital appreciation. Trading on the NYSE American exchange, the fund invests primarily in the equity securities of global companies operating across energy, utilities, transportation, chemicals and other infrastructure-related industries. By concentrating on sectors critical to the world’s economic growth, the fund aims to provide investors with diversified exposure to both developed and emerging markets.

The fund’s investment strategy is driven by bottom-up research and fundamental analysis.