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 increase in short interest in February. As of February 28th, there was short interest totalling 33,600 shares, an increase of 42.4% from the February 13th total of 23,600 shares. Based on an average trading volume of 30,600 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Clough Global Dividend and Income Fund

A number of large investors have recently made changes to their positions in the business. Gamco Investors INC. ET AL acquired a new position in shares of Clough Global Dividend and Income Fund in the 4th quarter valued at about $54,000. Rivernorth Capital Management LLC increased its holdings in shares of Clough Global Dividend and Income Fund by 2.8% in the 3rd quarter. Rivernorth Capital Management LLC now owns 369,753 shares of the investment management company’s stock valued at $2,178,000 after purchasing an additional 10,197 shares during the period. Shaker Financial Services LLC acquired a new position in shares of Clough Global Dividend and Income Fund in the 4th quarter valued at about $230,000. Alpine Global Management LLC increased its holdings in shares of Clough Global Dividend and Income Fund by 44.9% in the 4th quarter. Alpine Global Management LLC now owns 140,000 shares of the investment management company’s stock valued at $760,000 after purchasing an additional 43,351 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Clough Global Dividend and Income Fund in the 4th quarter valued at about $328,000.

Clough Global Dividend and Income Fund Stock Performance

NYSEAMERICAN GLV opened at $5.51 on Tuesday. The business’s 50-day moving average is $5.44. Clough Global Dividend and Income Fund has a 1 year low of $5.13 and a 1 year high of $6.30.

Clough Global Dividend and Income Fund Announces Dividend

The firm 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 $0.0526 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 11.46%.

Clough Global Dividend and Income Fund Company Profile

(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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