Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Short Interest Update

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 8,000 shares, a decline of 33.3% from the May 31st total of 12,000 shares. Based on an average daily volume of 56,500 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Clough Global Dividend and Income Fund

An institutional investor recently raised its position in Clough Global Dividend and Income Fund stock. Matisse Capital lifted its holdings in shares of Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) by 538.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 278,767 shares of the investment management company’s stock after purchasing an additional 235,137 shares during the quarter. Matisse Capital’s holdings in Clough Global Dividend and Income Fund were worth $1,435,000 at the end of the most recent quarter.

Clough Global Dividend and Income Fund Stock Down 0.7 %

Shares of GLV traded down $0.04 during trading hours on Monday, hitting $5.66. 26,435 shares of the stock traded hands, compared to its average volume of 54,044. Clough Global Dividend and Income Fund has a 1-year low of $4.70 and a 1-year high of $5.75.

Clough Global Dividend and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 17th were paid a dividend of $0.0526 per share. This represents a $0.63 annualized dividend and a dividend yield of 11.15%. The ex-dividend date was Monday, June 17th.

Clough Global Dividend and Income Fund Company Profile

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.