Short Interest in Clough Global Equity Fund (NYSEAMERICAN:GLQ) Drops By 68.8%

Clough Global Equity Fund (NYSEAMERICAN:GLQ) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 6,761 shares, a decrease of 68.8% from the November 30th total of 21,647 shares. Based on an average trading volume of 57,848 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 57,848 shares, the days-to-cover ratio is currently 0.1 days.

Clough Global Equity Fund Stock Performance

Shares of NYSEAMERICAN:GLQ opened at $7.69 on Thursday. Clough Global Equity Fund has a 12-month low of $5.33 and a 12-month high of $7.99. The business has a 50 day moving average of $7.69 and a 200-day moving average of $7.44.

Clough Global Equity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th will be issued a $0.065 dividend. This represents a c) dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Wednesday, December 17th.

Institutional Investors Weigh In On Clough Global Equity Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Wolverine Asset Management LLC acquired a new position in shares of Clough Global Equity Fund in the third quarter valued at about $78,000. Total Wealth Planning & Management Inc. bought a new stake in Clough Global Equity Fund in the 2nd quarter valued at about $84,000. Truvestments Capital LLC acquired a new position in shares of Clough Global Equity Fund during the 1st quarter worth approximately $92,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Clough Global Equity Fund during the second quarter worth approximately $107,000. Finally, Citadel Advisors LLC increased its holdings in shares of Clough Global Equity Fund by 54.5% during the third quarter. Citadel Advisors LLC now owns 30,420 shares of the investment management company’s stock worth $231,000 after purchasing an additional 10,734 shares during the period.

About Clough Global Equity Fund

Clough Global Equity Fund (NYSE American: GLQ) is a closed-end management investment company that seeks long-term capital appreciation through a diversified portfolio of global equity securities. The fund’s primary objective is to invest in a concentrated selection of companies across both developed and emerging markets, providing U.S. investors with access to international growth opportunities alongside domestic equities. Its shares trade on the NYSE American exchange, offering investors liquidity and the potential benefits of a closed-end structure.

The fund adopts a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.