Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Short Interest Update

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLVGet Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 29,400 shares, a growth of 135.2% from the April 30th total of 12,500 shares. Based on an average daily trading volume, of 61,400 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Clough Global Dividend and Income Fund

Several hedge funds have recently added to or reduced their stakes in the business. Matisse Capital grew its holdings in Clough Global Dividend and Income Fund by 538.9% during the 4th quarter. Matisse Capital now owns 278,767 shares of the investment management company’s stock worth $1,435,000 after acquiring an additional 235,137 shares during the last quarter. Cornerstone Advisors LLC grew its holdings in Clough Global Dividend and Income Fund by 152.4% during the 3rd quarter. Cornerstone Advisors LLC now owns 176,759 shares of the investment management company’s stock worth $878,000 after acquiring an additional 106,725 shares during the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in Clough Global Dividend and Income Fund during the 3rd quarter worth approximately $50,000.

Clough Global Dividend and Income Fund Trading Up 0.4 %

Clough Global Dividend and Income Fund stock traded up $0.02 during trading hours on Thursday, reaching $5.48. 56,622 shares of the stock were exchanged, compared to its average volume of 57,676. Clough Global Dividend and Income Fund has a twelve month low of $4.70 and a twelve month high of $5.75.

Clough Global Dividend and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 17th will be paid a $0.0526 dividend. The ex-dividend date of this dividend is Monday, June 17th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 11.52%.

About Clough Global Dividend and Income Fund

(Get Free Report)

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.

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