Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Short Interest Update

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 8,000 shares, a decrease of 33.3% from the May 31st total of 12,000 shares. Based on an average daily volume of 56,500 shares, the short-interest ratio is currently 0.1 days.

Clough Global Dividend and Income Fund Price Performance

GLV stock traded up $0.02 during trading on Friday, reaching $5.70. 46,990 shares of the stock were exchanged, compared to its average volume of 54,268. Clough Global Dividend and Income Fund has a twelve month low of $4.70 and a twelve month high of $5.75.

Clough Global Dividend and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 17th were issued a dividend of $0.0526 per share. This represents a $0.63 annualized dividend and a dividend yield of 11.07%. The ex-dividend date of this dividend was Monday, June 17th.

Institutional Trading of Clough Global Dividend and Income Fund

An institutional investor recently raised its position in Clough Global Dividend and Income Fund stock. Matisse Capital boosted its holdings in shares of Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) by 538.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 278,767 shares of the investment management company’s stock after purchasing an additional 235,137 shares during the period. Matisse Capital’s holdings in Clough Global Dividend and Income Fund were worth $1,435,000 as of its most recent SEC filing.

About Clough Global Dividend and Income Fund

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.