Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Stock Short Interest Report for October

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 82,040 shares, a growth of 165.9% from the September 30th total of 30,848 shares. Based on an average daily trading volume, of 94,570 shares, the short-interest ratio is presently 0.9 days.

Clough Global Opportunities Fund Stock Performance

NYSEAMERICAN:GLO opened at $5.46 on Friday. The stock’s fifty day moving average price is $5.51 and its two-hundred day moving average price is $5.79. Clough Global Opportunities Fund has a 1 year low of $5.25 and a 1 year high of $6.18.

Clough Global Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Thursday, December 17th will be paid a dividend of $0.0537 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date is Thursday, December 17th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in shares of Clough Global Opportunities Fund by 91.3% in the first quarter. Royal Bank of Canada now owns 421,237 shares of the investment management company’s stock valued at $2,346,000 after acquiring an additional 201,001 shares during the period. Shaker Financial Services LLC grew its stake in Clough Global Opportunities Fund by 81.5% during the third quarter. Shaker Financial Services LLC now owns 378,521 shares of the investment management company’s stock valued at $2,021,000 after acquiring an additional 170,014 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in Clough Global Opportunities Fund by 448.6% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 110,204 shares of the investment management company’s stock worth $614,000 after acquiring an additional 90,115 shares during the period. Readystate Asset Management LP bought a new stake in Clough Global Opportunities Fund during the 2nd quarter worth approximately $402,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in Clough Global Opportunities Fund by 14.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 378,746 shares of the investment management company’s stock worth $2,110,000 after acquiring an additional 47,710 shares during the period.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund is a non-diversified, closed-end investment company listed on the NYSE American under the symbol GLO. The fund seeks to provide investors with a high level of total return through a combination of current income and capital appreciation.

The fund invests globally across a range of asset classes and industries. Its portfolio may include common stocks, preferred securities, convertible securities, corporate and sovereign debt, and other income-producing or equity-related investments.