Short Interest in Clough Global Equity Fund (NYSEAMERICAN:GLQ) Declines By 32.2%

Clough Global Equity Fund (NYSEAMERICAN:GLQ) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 10,686 shares, a decrease of 32.2% from the January 15th total of 15,759 shares. Based on an average daily volume of 93,117 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 93,117 shares, the days-to-cover ratio is presently 0.1 days.

Clough Global Equity Fund Trading Up 0.1%

NYSEAMERICAN GLQ traded up $0.01 on Friday, reaching $8.19. 42,465 shares of the stock traded hands, compared to its average volume of 83,172. Clough Global Equity Fund has a 12 month low of $5.33 and a 12 month high of $8.38. The company has a fifty day moving average price of $7.92 and a 200-day moving average price of $7.69.

Clough Global Equity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th will be issued a $0.0729 dividend. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date is Wednesday, March 18th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GLQ. Alpine Global Management LLC bought a new stake in shares of Clough Global Equity Fund in the 3rd quarter valued at about $1,550,000. Verition Fund Management LLC boosted its stake in shares of Clough Global Equity Fund by 70.6% during the third quarter. Verition Fund Management LLC now owns 483,270 shares of the investment management company’s stock valued at $3,678,000 after purchasing an additional 200,045 shares in the last quarter. TrueMark Investments LLC purchased a new position in Clough Global Equity Fund during the third quarter valued at approximately $1,460,000. Bulldog Investors LLP bought a new position in Clough Global Equity Fund in the fourth quarter worth approximately $976,000. Finally, Royal Bank of Canada lifted its holdings in Clough Global Equity Fund by 74.3% during the first quarter. Royal Bank of Canada now owns 293,734 shares of the investment management company’s stock worth $1,848,000 after buying an additional 125,252 shares during the period.

About Clough Global Equity Fund

Clough Global Equity Fund (NYSE American: GLQ) is a closed-end management investment company that seeks long-term capital appreciation through a diversified portfolio of global equity securities. The fund’s primary objective is to invest in a concentrated selection of companies across both developed and emerging markets, providing U.S. investors with access to international growth opportunities alongside domestic equities. Its shares trade on the NYSE American exchange, offering investors liquidity and the potential benefits of a closed-end structure.

The fund adopts a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.