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

Clough Global Opportunities Fund (NYSEAMERICAN:GLOGet Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 18,800 shares, a decrease of 6.5% from the February 29th total of 20,100 shares. Based on an average daily volume of 172,000 shares, the days-to-cover ratio is presently 0.1 days.

Insider Transactions at Clough Global Opportunities Fund

In other news, insider Charles Clough, Jr. bought 20,000 shares of the stock in a transaction dated Wednesday, March 20th. The shares were acquired at an average price of $5.01 per share, with a total value of $100,200.00. Following the acquisition, the insider now owns 300,445 shares in the company, valued at $1,505,229.45. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Institutional Investors Weigh In On Clough Global Opportunities Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG boosted its stake in shares of Clough Global Opportunities Fund by 51.3% in the 1st quarter. UBS Group AG now owns 9,921 shares of the investment management company’s stock valued at $49,000 after purchasing an additional 3,362 shares during the last quarter. Nomura Holdings Inc. bought a new position in shares of Clough Global Opportunities Fund in the 4th quarter valued at about $58,000. Captrust Financial Advisors bought a new position in shares of Clough Global Opportunities Fund in the 2nd quarter valued at about $74,000. CSS LLC IL bought a new position in shares of Clough Global Opportunities Fund in the 2nd quarter valued at about $91,000. Finally, LPL Financial LLC boosted its stake in shares of Clough Global Opportunities Fund by 9.9% in the 2nd quarter. LPL Financial LLC now owns 14,833 shares of the investment management company’s stock valued at $109,000 after purchasing an additional 1,333 shares during the last quarter.

Clough Global Opportunities Fund Price Performance

NYSEAMERICAN:GLO traded down $0.02 during mid-day trading on Tuesday, reaching $5.02. 31,171 shares of the company were exchanged, compared to its average volume of 157,961. Clough Global Opportunities Fund has a 12 month low of $4.08 and a 12 month high of $5.18.

Clough Global Opportunities Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 29th. Shareholders of record on Friday, February 16th were issued a dividend of $0.048 per share. This represents a yield of 11.76%. The ex-dividend date of this dividend was Thursday, February 15th.

Clough Global Opportunities Fund Company Profile

(Get Free Report)

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.

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