Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Sees Large Drop in Short Interest

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 92,400 shares, a decrease of 41.4% from the January 31st total of 157,700 shares. Based on an average trading volume of 157,900 shares, the short-interest ratio is presently 0.6 days.

Clough Global Opportunities Fund Trading Down 0.7 %

Shares of GLO stock traded down $0.04 during midday trading on Tuesday, hitting $5.02. The company had a trading volume of 67,529 shares, compared to its average volume of 160,593. Clough Global Opportunities Fund has a 52-week low of $4.82 and a 52-week high of $5.60.

Clough Global Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 18th will be given a $0.0501 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.60 dividend on an annualized basis and a yield of 11.99%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in GLO. Landscape Capital Management L.L.C. purchased a new position in Clough Global Opportunities Fund in the fourth quarter worth $60,000. Benjamin Edwards Inc. purchased a new stake in shares of Clough Global Opportunities Fund during the 3rd quarter valued at $65,000. Walkner Condon Financial Advisors LLC acquired a new position in shares of Clough Global Opportunities Fund in the 4th quarter valued at about $97,000. Citadel Advisors LLC lifted its holdings in shares of Clough Global Opportunities Fund by 64.3% during the 4th quarter. Citadel Advisors LLC now owns 26,159 shares of the investment management company’s stock valued at $134,000 after acquiring an additional 10,239 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new position in Clough Global Opportunities Fund during the 4th quarter worth approximately $151,000.

Clough Global Opportunities Fund Company Profile

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.