Clough Global Equity Fund (NYSEAMERICAN:GLQ) Short Interest Update

Clough Global Equity Fund (NYSEAMERICAN:GLQ) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 29,900 shares, a growth of 55.7% from the September 30th total of 19,200 shares. Based on an average daily volume of 76,200 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Clough Global Equity Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. SeaCrest Wealth Management LLC increased its position in Clough Global Equity Fund by 5.6% during the third quarter. SeaCrest Wealth Management LLC now owns 60,680 shares of the investment management company’s stock worth $421,000 after buying an additional 3,202 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Clough Global Equity Fund during the 2nd quarter worth approximately $325,000. Blue Bell Private Wealth Management LLC raised its stake in Clough Global Equity Fund by 71.2% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 13,696 shares of the investment management company’s stock valued at $96,000 after acquiring an additional 5,696 shares during the period. 180 Wealth Advisors LLC lifted its holdings in Clough Global Equity Fund by 58.1% during the 2nd quarter. 180 Wealth Advisors LLC now owns 21,900 shares of the investment management company’s stock valued at $158,000 after purchasing an additional 8,050 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in Clough Global Equity Fund during the first quarter worth $137,000.

Clough Global Equity Fund Stock Performance

Shares of NYSEAMERICAN:GLQ opened at $6.85 on Tuesday. Clough Global Equity Fund has a one year low of $5.16 and a one year high of $7.30.

Clough Global Equity Fund Announces Dividend

The business also recently disclosed a — dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.0603 per share. This represents a dividend yield of 10.4%. The ex-dividend date is Monday, December 16th.

About Clough Global Equity Fund

Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company's competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation.