Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Short Interest Down 6.7% in February

Clough Global Opportunities Fund (NYSEAMERICAN:GLO – Get Rating) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 41,600 shares, a decrease of 6.7% from the January 31st total of 44,600 shares. Based on an average daily volume of 409,700 shares, the days-to-cover ratio is presently 0.1 days.

Insider Activity at Clough Global Opportunities Fund

In other Clough Global Opportunities Fund news, insider Clough Capital Partners, L.P. purchased 43,000 shares of the stock in a transaction that occurred on Wednesday, February 8th. The stock was purchased at an average cost of $5.05 per share, with a total value of $217,150.00. Following the completion of the acquisition, the insider now directly owns 149,834 shares of the company’s stock, valued at approximately $756,661.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Investors Weigh In On Clough Global Opportunities Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Shaker Financial Services LLC raised its stake in shares of Clough Global Opportunities Fund by 868.8% during the fourth quarter. Shaker Financial Services LLC now owns 354,211 shares of the investment management company’s stock worth $1,796,000 after purchasing an additional 317,651 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Clough Global Opportunities Fund during the fourth quarter worth approximately $827,000. Centaurus Financial Inc. raised its stake in shares of Clough Global Opportunities Fund by 96.3% during the first quarter. Centaurus Financial Inc. now owns 259,182 shares of the investment management company’s stock worth $2,439,000 after purchasing an additional 127,121 shares during the last quarter. Landscape Capital Management L.L.C. raised its stake in shares of Clough Global Opportunities Fund by 739.1% during the fourth quarter. Landscape Capital Management L.L.C. now owns 137,479 shares of the investment management company’s stock worth $697,000 after purchasing an additional 121,095 shares during the last quarter. Finally, Doliver Advisors LP purchased a new position in Clough Global Opportunities Fund in the fourth quarter worth $556,000.

Clough Global Opportunities Fund Stock Down 1.2 %

Shares of NYSEAMERICAN GLO opened at $4.87 on Wednesday. Clough Global Opportunities Fund has a twelve month low of $4.80 and a twelve month high of $9.58.

Clough Global Opportunities Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 31st. Shareholders of record on Friday, January 20th were paid a $0.0483 dividend. This represents a yield of 11.28%. The ex-dividend date of this dividend was Thursday, January 19th.

Clough Global Opportunities Fund Company Profile

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Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.