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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 17,220 shares, a drop of 62.8% from the May 14th total of 46,238 shares. Based on an average daily trading volume, of 146,064 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Clough Global Opportunities Fund

Several hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in shares of Clough Global Opportunities Fund by 91.3% in the 1st quarter. Royal Bank of Canada now owns 421,237 shares of the investment management company’s stock worth $2,346,000 after purchasing an additional 201,001 shares during the last quarter. PNC Financial Services Group Inc. bought a new stake in shares of Clough Global Opportunities Fund in the 1st quarter worth approximately $56,000. Bulldog Investors LLP lifted its holdings in shares of Clough Global Opportunities Fund by 7.9% in the 1st quarter. Bulldog Investors LLP now owns 619,001 shares of the investment management company’s stock worth $3,448,000 after purchasing an additional 45,152 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Clough Global Opportunities Fund by 14.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 378,746 shares of the investment management company’s stock worth $2,110,000 after purchasing an additional 47,710 shares during the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of Clough Global Opportunities Fund by 3.2% in the 1st quarter. Private Advisor Group LLC now owns 735,486 shares of the investment management company’s stock worth $4,097,000 after purchasing an additional 22,963 shares during the last quarter.

Clough Global Opportunities Fund Trading Up 0.9%

NYSEAMERICAN:GLO traded up $0.05 during trading hours on Friday, reaching $5.90. 53,876 shares of the stock were exchanged, compared to its average volume of 187,637. The firm has a 50 day simple moving average of $5.87 and a 200-day simple moving average of $5.82. Clough Global Opportunities Fund has a 52 week low of $5.20 and a 52 week high of $6.10.

Clough Global Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 17th will be issued a dividend of $0.0537 per share. This represents a c) dividend on an annualized basis and a yield of 10.9%. The ex-dividend date of this dividend is Wednesday, June 17th.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund (NYSE American: GLO) is a closed-end management investment company that seeks to deliver attractive risk-adjusted returns through a focus on income generation and capital appreciation. Trading on the NYSE American exchange, the fund invests primarily in the equity securities of global companies operating across energy, utilities, transportation, chemicals and other infrastructure-related industries. By concentrating on sectors critical to the world’s economic growth, the fund aims to provide investors with diversified exposure to both developed and emerging markets.

The fund’s investment strategy is driven by bottom-up research and fundamental analysis.