Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Sees Significant Growth in Short Interest

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 56,400 shares, a growth of 16.0% from the December 15th total of 48,600 shares. Based on an average trading volume of 156,600 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Clough Global Opportunities Fund

Large investors have recently modified their holdings of the business. Benjamin Edwards Inc. acquired a new position in shares of Clough Global Opportunities Fund in the third quarter valued at approximately $65,000. Sanctuary Advisors LLC bought a new stake in Clough Global Opportunities Fund in the 2nd quarter valued at $149,000. Concurrent Investment Advisors LLC boosted its stake in Clough Global Opportunities Fund by 9.6% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 34,917 shares of the investment management company’s stock worth $190,000 after purchasing an additional 3,070 shares during the period. SeaCrest Wealth Management LLC boosted its stake in Clough Global Opportunities Fund by 7.7% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 56,974 shares of the investment management company’s stock worth $311,000 after purchasing an additional 4,096 shares during the period. Finally, Walleye Capital LLC increased its holdings in Clough Global Opportunities Fund by 12.1% during the 3rd quarter. Walleye Capital LLC now owns 83,945 shares of the investment management company’s stock worth $458,000 after purchasing an additional 9,093 shares in the last quarter.

Clough Global Opportunities Fund Price Performance

Shares of NYSEAMERICAN GLO traded down $0.03 during midday trading on Friday, reaching $5.27. 881,316 shares of the stock were exchanged, compared to its average volume of 234,692. Clough Global Opportunities Fund has a 12 month low of $4.59 and a 12 month high of $5.60.

Clough Global Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.0501 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.60 annualized dividend and a yield of 11.41%.

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.