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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 124,200 shares, an increase of 25.5% from the September 30th total of 99,000 shares. Based on an average daily volume of 155,800 shares, the short-interest ratio is currently 0.8 days.

Clough Global Opportunities Fund Stock Up 0.6 %

GLO stock traded up $0.03 during mid-day trading on Wednesday, reaching $5.31. 59,015 shares of the stock traded hands, compared to its average volume of 156,997. Clough Global Opportunities Fund has a 52-week low of $4.16 and a 52-week high of $5.60.

Clough Global Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be given a $0.048 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 10.85%. The ex-dividend date is Monday, December 16th.

Hedge Funds Weigh In On Clough Global Opportunities Fund

A number of hedge funds have recently added to or reduced their stakes in the company. Evernest Financial Advisors LLC grew its holdings in Clough Global Opportunities Fund by 61.2% during the second quarter. Evernest Financial Advisors LLC now owns 17,298 shares of the investment management company’s stock valued at $93,000 after purchasing an additional 6,568 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Clough Global Opportunities Fund during the second quarter valued at approximately $149,000. Blue Bell Private Wealth Management LLC grew its holdings in Clough Global Opportunities Fund by 76.2% during the second quarter. Blue Bell Private Wealth Management LLC now owns 39,885 shares of the investment management company’s stock valued at $215,000 after purchasing an additional 17,244 shares during the last quarter. SeaCrest Wealth Management LLC grew its holdings in Clough Global Opportunities Fund by 7.7% during the third quarter. SeaCrest Wealth Management LLC now owns 56,974 shares of the investment management company’s stock valued at $311,000 after purchasing an additional 4,096 shares during the last quarter. Finally, FinTrust Capital Advisors LLC grew its holdings in Clough Global Opportunities Fund by 89.1% during the first quarter. FinTrust Capital Advisors LLC now owns 109,241 shares of the investment management company’s stock valued at $555,000 after purchasing an additional 51,465 shares during the last quarter.

Clough Global Opportunities Fund Company Profile

Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.