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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the target of a significant increase in short interest during 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 short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Landscape Capital Management L.L.C. bought a new position in shares of Clough Global Opportunities Fund in the fourth quarter worth $60,000. Benjamin Edwards Inc. bought a new position in Clough Global Opportunities Fund in the third quarter valued at $65,000. Walkner Condon Financial Advisors LLC bought a new position in Clough Global Opportunities Fund in the fourth quarter valued at $97,000. Citadel Advisors LLC increased its stake in Clough Global Opportunities Fund by 64.3% in the fourth 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 last quarter. Finally, HighTower Advisors LLC bought a new position in Clough Global Opportunities Fund in the fourth quarter valued at $151,000.

Clough Global Opportunities Fund Trading Up 2.5 %

Shares of GLO stock opened at $4.98 on Monday. The firm’s fifty 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 company also recently declared 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. The ex-dividend date is Tuesday, March 18th. This represents a $0.60 annualized dividend and a dividend yield of 12.07%.

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.