Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Short Interest Update

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 106,600 shares, a growth of 6.8% from the October 31st total of 99,800 shares. Based on an average trading volume of 161,200 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Benjamin Edwards Inc. purchased a new position in Clough Global Opportunities Fund in the third quarter valued at about $65,000. Evernest Financial Advisors LLC increased its stake in Clough Global Opportunities Fund by 61.2% in the 2nd quarter. Evernest Financial Advisors LLC now owns 17,298 shares of the investment management company’s stock valued at $93,000 after purchasing an additional 6,568 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Clough Global Opportunities Fund during the second quarter worth $149,000. Concurrent Investment Advisors LLC boosted its position in Clough Global Opportunities Fund by 9.6% during the third 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 in the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its holdings in Clough Global Opportunities Fund by 76.2% in the second quarter. Blue Bell Private Wealth Management LLC now owns 39,885 shares of the investment management company’s stock valued at $215,000 after purchasing an additional 17,244 shares during the last quarter.

Clough Global Opportunities Fund Stock Performance

Shares of GLO opened at $5.31 on Wednesday. Clough Global Opportunities Fund has a 1 year low of $4.54 and a 1 year high of $5.60.

Clough Global Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be issued a $0.048 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.58 annualized dividend and a dividend yield of 10.85%.

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.