Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Shares Shorted: Short Interest Down 69.5% in September

Clough Global Opportunities Fund (NYSEAMERICAN:GLO – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 30,848 shares, a decrease of 69.5% from the September 15th total of 100,981 shares. Based on an average daily trading volume, of 135,290 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Clough Global Opportunities Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. bought a new position in Clough Global Opportunities Fund during the first quarter worth about $56,000. NWF Advisory Services Inc. bought a new stake in Clough Global Opportunities Fund during the 4th quarter worth about $85,000. Concurrent Investment Advisors LLC boosted its stake in Clough Global Opportunities Fund by 6.9% in the second quarter. Concurrent Investment Advisors LLC now owns 62,073 shares of the investment management company’s stock valued at $380,000 after acquiring an additional 4,000 shares during the last quarter. CoreCap Advisors LLC lifted its stake in Clough Global Opportunities Fund by 51.7% in the second quarter. CoreCap Advisors LLC now owns 64,614 shares of the investment management company’s stock valued at $395,000 after buying an additional 22,027 shares during the period. Finally, Readystate Asset Management LP bought a new position in Clough Global Opportunities Fund during the 2nd quarter worth approximately $402,000.

Clough Global Opportunities Fund Price Performance

NYSEAMERICAN GLO remained flat at $5.48 during trading on Monday. The company’s stock had a trading volume of 78,401 shares, compared to its average volume of 158,556. The business’s 50 day simple moving average is $5.66 and its two-hundred day simple moving average is $5.80. Clough Global Opportunities Fund has a one year low of $5.25 and a one year high of $6.18.

Clough Global Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 17th will be issued a $0.0537 dividend. The ex-dividend date of this dividend is Thursday, December 17th. This represents a $0.64 dividend on an annualized basis and a yield of 11.8%.

Clough Global Opportunities Fund Company Profile

(Get Free Report)

Clough Global Opportunities Fund is a publicly traded closed-end investment fund listed on the NYSE American under the symbol GLO. The fund seeks to provide a high level of total return through a combination of current income and capital appreciation.

The fund invests globally across equity and debt securities, giving its portfolio exposure to companies, industries and fixed-income markets in the United States and other developed and emerging-market countries. Its investment approach is flexible and may shift among asset classes, sectors and geographies as market conditions and investment opportunities change.

Clough Global Opportunities Fund is advised by Clough Capital Partners L.P., an investment management firm known for managing global, research-driven strategies.

Further Reading

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