Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Sees Significant Decline in Short Interest

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 92,400 shares, a decrease of 41.4% from the January 31st total of 157,700 shares. Based on an average daily trading volume, of 157,900 shares, the short-interest ratio is currently 0.6 days.

Clough Global Opportunities Fund Stock Up 0.4 %

Shares of NYSEAMERICAN:GLO traded up $0.02 during trading on Friday, hitting $5.12. 216,707 shares of the company were exchanged, compared to its average volume of 163,721. Clough Global Opportunities Fund has a fifty-two week low of $4.82 and a fifty-two week high of $5.60.

Clough Global Opportunities Fund Dividend Announcement

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 issued a $0.0501 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.74%.

Institutional Trading of Clough Global Opportunities Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Landscape Capital Management L.L.C. bought a new stake in shares of Clough Global Opportunities Fund during the fourth quarter worth approximately $60,000. Benjamin Edwards Inc. acquired a new position in shares of Clough Global Opportunities Fund during the 3rd quarter worth $65,000. Walkner Condon Financial Advisors LLC acquired a new stake in shares of Clough Global Opportunities Fund in the 4th quarter valued at approximately $97,000. Citadel Advisors LLC increased its holdings in shares of Clough Global Opportunities Fund by 64.3% during the fourth quarter. Citadel Advisors LLC now owns 26,159 shares of the investment management company’s stock worth $134,000 after buying an additional 10,239 shares in the last quarter. Finally, HighTower Advisors LLC bought a new position in Clough Global Opportunities Fund in the fourth quarter valued at about $151,000.

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.