Clough Global Equity Fund (NYSEAMERICAN:GLQ) Sees Significant Increase in Short Interest

Clough Global Equity Fund (NYSEAMERICAN:GLQ) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 15,759 shares, a growth of 793.4% from the December 31st total of 1,764 shares. Based on an average trading volume of 77,223 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 77,223 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC acquired a new stake in Clough Global Equity Fund in the 3rd quarter valued at about $78,000. Total Wealth Planning & Management Inc. bought a new stake in shares of Clough Global Equity Fund during the second quarter valued at approximately $84,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Clough Global Equity Fund in the second quarter valued at approximately $107,000. Citadel Advisors LLC raised its position in Clough Global Equity Fund by 54.5% in the 3rd 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 last quarter. Finally, Jaffetilchin Investment Partners LLC lifted its holdings in Clough Global Equity Fund by 24.6% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 36,023 shares of the investment management company’s stock worth $276,000 after buying an additional 7,116 shares in the last quarter.

Clough Global Equity Fund Price Performance

Shares of GLQ remained flat at $8.14 on Wednesday. The stock had a trading volume of 61,082 shares, compared to its average volume of 76,293. Clough Global Equity Fund has a fifty-two week low of $5.33 and a fifty-two week high of $8.20. The business has a fifty day moving average price of $7.80 and a 200 day moving average price of $7.60.

Clough Global Equity Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 18th will be paid a $0.0729 dividend. The ex-dividend date is Wednesday, March 18th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%.

Clough Global Equity Fund Company Profile

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.