Short Interest in Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Drops By 36.8%

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 11,026 shares, a drop of 36.8% from the June 30th total of 17,443 shares. Based on an average daily trading volume, of 144,781 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Clough Global Opportunities Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GLO. CoreCap Advisors LLC boosted its holdings in Clough Global Opportunities Fund by 51.7% during the second quarter. CoreCap Advisors LLC now owns 64,614 shares of the investment management company’s stock valued at $395,000 after purchasing an additional 22,027 shares in the last quarter. Royal Bank of Canada grew its position in Clough Global Opportunities Fund by 91.3% in the first quarter. Royal Bank of Canada now owns 421,237 shares of the investment management company’s stock valued at $2,346,000 after acquiring an additional 201,001 shares during the period. PNC Financial Services Group Inc. bought a new position in shares of Clough Global Opportunities Fund during the first quarter valued at $56,000. Bulldog Investors LLP grew 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. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Clough Global Opportunities Fund by 14.4% during 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 in the last quarter.

Clough Global Opportunities Fund Trading Up 0.3%

Clough Global Opportunities Fund stock traded up $0.02 during trading hours on Friday, hitting $5.84. The stock had a trading volume of 93,471 shares, compared to its average volume of 174,379. The company has a 50-day moving average of $5.95 and a two-hundred day moving average of $5.89. Clough Global Opportunities Fund has a fifty-two week low of $5.36 and a fifty-two week high of $6.18.

Clough Global Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 17th will be given a $0.0537 dividend. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date of this dividend is Thursday, September 17th.

Clough Global Opportunities Fund Company Profile

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.