Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Stock Short Interest Report for October

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 82,040 shares, an increase of 165.9% from the September 30th total of 30,848 shares. Based on an average daily volume of 94,570 shares, the days-to-cover ratio is presently 0.9 days.

Hedge Funds Weigh In On Clough Global Opportunities Fund

A number of institutional investors and hedge funds have recently modified their holdings of GLO. Royal Bank of Canada lifted its position in Clough Global Opportunities Fund by 91.3% during the first quarter. Royal Bank of Canada now owns 421,237 shares of the investment management company’s stock worth $2,346,000 after buying an additional 201,001 shares in the last quarter. Shaker Financial Services LLC grew its position in Clough Global Opportunities Fund by 81.5% in the 3rd quarter. Shaker Financial Services LLC now owns 378,521 shares of the investment management company’s stock valued at $2,021,000 after acquiring an additional 170,014 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in shares of Clough Global Opportunities Fund by 448.6% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 110,204 shares of the investment management company’s stock worth $614,000 after acquiring an additional 90,115 shares during the period. Readystate Asset Management LP purchased a new stake in shares of Clough Global Opportunities Fund during the second quarter worth approximately $402,000. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Clough Global Opportunities Fund by 14.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 378,746 shares of the investment management company’s stock worth $2,110,000 after purchasing an additional 47,710 shares during the last quarter.

Clough Global Opportunities Fund Stock Performance

GLO traded up $0.04 during midday trading on Thursday, reaching $5.52. The company had a trading volume of 76,613 shares, compared to its average volume of 153,376. Clough Global Opportunities Fund has a 1 year low of $5.25 and a 1 year high of $6.18. The business has a 50-day moving average of $5.51 and a two-hundred day moving average of $5.80.

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 paid a $0.0537 dividend. The ex-dividend date is Thursday, December 17th. This represents a $0.64 annualized dividend and a yield of 11.7%.

Clough Global Opportunities Fund Company Profile

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.