Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Short Interest Down 58.7% in April

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 8,536 shares, a decrease of 58.7% from the April 15th total of 20,675 shares. Based on an average daily trading volume, of 34,207 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Clough Global Dividend and Income Fund

A number of large investors have recently modified their holdings of GLV. Royal Bank of Canada grew its holdings in shares of Clough Global Dividend and Income Fund by 2.7% during the first quarter. Royal Bank of Canada now owns 749,568 shares of the investment management company’s stock worth $4,096,000 after buying an additional 19,977 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Clough Global Dividend and Income Fund by 6.3% during the second quarter. Raymond James Financial Inc. now owns 67,058 shares of the investment management company’s stock worth $381,000 after buying an additional 3,948 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Clough Global Dividend and Income Fund by 5,017.2% during the second quarter. Osaic Holdings Inc. now owns 39,505 shares of the investment management company’s stock worth $224,000 after buying an additional 38,733 shares in the last quarter. North Ground Capital grew its holdings in shares of Clough Global Dividend and Income Fund by 7.9% during the third quarter. North Ground Capital now owns 313,031 shares of the investment management company’s stock worth $1,863,000 after buying an additional 22,932 shares in the last quarter. Finally, TrueMark Investments LLC purchased a new stake in shares of Clough Global Dividend and Income Fund during the third quarter worth $359,000.

Clough Global Dividend and Income Fund Stock Down 0.6%

Clough Global Dividend and Income Fund stock opened at $6.29 on Friday. Clough Global Dividend and Income Fund has a 52-week low of $5.36 and a 52-week high of $6.41. The company has a fifty day simple moving average of $6.05 and a 200-day simple moving average of $6.11.

Clough Global Dividend and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 17th will be issued a dividend of $0.0566 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%.

About Clough Global Dividend and Income Fund

Clough Global Dividend and Income Fund (NYSEAMERICAN: GLV) is a closed-end management investment company designed to provide investors with a combination of high current income and the potential for long-term capital appreciation. The fund pursues its objectives by investing primarily in dividend-paying equity securities of companies located throughout developed and emerging markets. In addition to its global equity allocation, Clough Global Dividend and Income Fund may allocate a portion of its assets to fixed-income instruments, including high-yield corporate bonds and preferred securities, to enhance current income potential.

Established in 2016, the fund is advised by Clough Capital Partners, L.P., an investment management firm headquartered in Greenwood Village, Colorado.