Short Interest in Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Increases By 61.8%

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 149,500 shares, an increase of 61.8% from the February 13th total of 92,400 shares. Based on an average daily volume of 161,800 shares, the days-to-cover ratio is currently 0.9 days.

Clough Global Opportunities Fund Stock Performance

Shares of Clough Global Opportunities Fund stock traded up $0.09 on Friday, reaching $4.95. The company had a trading volume of 135,683 shares, compared to its average volume of 162,906. The firm’s 50-day simple moving average is $5.15. Clough Global Opportunities Fund has a 1 year low of $4.82 and a 1 year high of $5.60.

Clough Global Opportunities Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be issued a $0.0501 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.15%. The ex-dividend date is Tuesday, March 18th.

Hedge Funds Weigh In On Clough Global Opportunities Fund

A number of large investors have recently bought and sold shares of GLO. Landscape Capital Management L.L.C. purchased a new position in Clough Global Opportunities Fund during the 4th quarter valued at $60,000. Benjamin Edwards Inc. purchased a new position in Clough Global Opportunities Fund during the 3rd quarter valued at $65,000. Walkner Condon Financial Advisors LLC purchased a new position in Clough Global Opportunities Fund during the 4th quarter valued at $97,000. Citadel Advisors LLC boosted its holdings in Clough Global Opportunities Fund by 64.3% during the 4th quarter. Citadel Advisors LLC now owns 26,159 shares of the investment management company’s stock valued at $134,000 after acquiring an additional 10,239 shares during the period. Finally, HighTower Advisors LLC purchased a new position in Clough Global Opportunities Fund during the 4th quarter valued at $151,000.

About Clough Global Opportunities Fund

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.