Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Short Interest Up 29.0% in December

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 87,152 shares, a growth of 29.0% from the November 30th total of 67,576 shares. Based on an average daily volume of 154,266 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 154,266 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Clough Global Opportunities Fund

Several large investors have recently modified their holdings of GLO. Allworth Financial LP purchased a new position in Clough Global Opportunities Fund during the second quarter valued at $54,000. Bank of America Corp DE increased its stake in shares of Clough Global Opportunities Fund by 318.9% in the 3rd quarter. Bank of America Corp DE now owns 13,112 shares of the investment management company’s stock worth $75,000 after acquiring an additional 9,982 shares in the last quarter. Tactive Advisors LLC purchased a new position in Clough Global Opportunities Fund during the 2nd quarter valued at about $76,000. WJ Financial Advisors LLC purchased a new position in Clough Global Opportunities Fund during the 3rd quarter valued at about $134,000. Finally, Wolverine Asset Management LLC bought a new stake in Clough Global Opportunities Fund during the third quarter worth about $145,000.

Clough Global Opportunities Fund Trading Up 0.2%

Shares of Clough Global Opportunities Fund stock opened at $5.68 on Wednesday. Clough Global Opportunities Fund has a 12 month low of $4.32 and a 12 month high of $5.88. The business’s 50-day moving average price is $5.70 and its 200-day moving average price is $5.59.

Clough Global Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th will be given a dividend of $0.0501 per share. The ex-dividend date of this dividend is Wednesday, December 17th. This represents a c) annualized dividend and a yield of 10.6%.

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.