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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 56,400 shares, a growth of 16.0% from the December 15th total of 48,600 shares. Based on an average daily volume of 156,600 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Clough Global Opportunities Fund

Several large investors have recently made changes to their positions in GLO. Almitas Capital LLC raised its holdings in Clough Global Opportunities Fund by 386.2% during the 2nd quarter. Almitas Capital LLC now owns 363,149 shares of the investment management company’s stock worth $1,954,000 after purchasing an additional 288,461 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Clough Global Opportunities Fund in the second quarter valued at approximately $149,000. Allspring Global Investments Holdings LLC lifted its holdings in Clough Global Opportunities Fund by 6.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 379,901 shares of the investment management company’s stock valued at $2,070,000 after buying an additional 23,215 shares during the period. Benjamin Edwards Inc. bought a new position in Clough Global Opportunities Fund in the third quarter valued at approximately $65,000. Finally, Walleye Capital LLC grew its holdings in Clough Global Opportunities Fund by 12.1% during the 3rd quarter. Walleye Capital LLC now owns 83,945 shares of the investment management company’s stock worth $458,000 after acquiring an additional 9,093 shares during the period.

Clough Global Opportunities Fund Price Performance

Shares of GLO traded down $0.03 during mid-day trading on Friday, hitting $5.27. 881,316 shares of the company traded hands, compared to its average volume of 234,692. Clough Global Opportunities Fund has a one year low of $4.59 and a one year high of $5.60.

Clough Global Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.0501 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.41%.

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.