Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Stock Short Interest Report for September

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 30,848 shares, a drop of 69.5% from the September 15th total of 100,981 shares. Based on an average daily volume of 135,290 shares, the short-interest ratio is presently 0.2 days.

Clough Global Opportunities Fund Stock Performance

Shares of NYSEAMERICAN GLO traded down $0.07 during midday trading on Tuesday, reaching $5.41. 57,498 shares of the stock were exchanged, compared to its average volume of 158,041. The stock has a 50 day moving average price of $5.64 and a 200-day moving average price of $5.80. Clough Global Opportunities Fund has a 52-week low of $5.25 and a 52-week high of $6.18.

Clough Global Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Thursday, December 17th will be given a dividend of $0.0537 per share. The ex-dividend date is Thursday, December 17th. This represents a $0.64 dividend on an annualized basis and a yield of 11.9%.

Institutional Trading of Clough Global Opportunities Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new stake in shares of Clough Global Opportunities Fund during the first quarter worth $56,000. NWF Advisory Services Inc. purchased a new position in shares of Clough Global Opportunities Fund during the 4th quarter worth about $85,000. Concurrent Investment Advisors LLC lifted its holdings in shares of Clough Global Opportunities Fund by 6.9% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 62,073 shares of the investment management company’s stock worth $380,000 after acquiring an additional 4,000 shares during the period. CoreCap Advisors LLC boosted its position in shares of Clough Global Opportunities Fund by 51.7% in the second quarter. CoreCap Advisors LLC now owns 64,614 shares of the investment management company’s stock worth $395,000 after acquiring an additional 22,027 shares during the last quarter. Finally, Readystate Asset Management LP acquired a new stake in shares of Clough Global Opportunities Fund in the second quarter worth approximately $402,000.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund is a publicly traded closed-end investment fund listed on the NYSE American under the symbol GLO. The fund seeks to provide a high level of total return through a combination of current income and capital appreciation.

The fund invests globally across equity and debt securities, giving its portfolio exposure to companies, industries and fixed-income markets in the United States and other developed and emerging-market countries. Its investment approach is flexible and may shift among asset classes, sectors and geographies as market conditions and investment opportunities change.

Clough Global Opportunities Fund is advised by Clough Capital Partners L.P., an investment management firm known for managing global, research-driven strategies.