Short Interest in Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Declines By 36.8%

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 11,026 shares, a decline of 36.8% from the June 30th total of 17,443 shares. Based on an average daily volume of 144,781 shares, the days-to-cover ratio is currently 0.1 days.

Clough Global Opportunities Fund Stock Up 1.9%

Shares of NYSEAMERICAN GLO traded up $0.11 during mid-day trading on Thursday, hitting $5.82. The stock had a trading volume of 125,334 shares, compared to its average volume of 174,941. The business has a 50 day moving average price of $5.95 and a two-hundred day moving average price of $5.89. Clough Global Opportunities Fund has a 1 year low of $5.36 and a 1 year high of $6.18.

Clough Global Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 17th will be paid a dividend of $0.0537 per share. This represents a c) annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend is Thursday, September 17th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. lifted its holdings in Clough Global Opportunities Fund by 11.5% in the 2nd quarter. Raymond James Financial Inc. now owns 47,645 shares of the investment management company’s stock worth $259,000 after buying an additional 4,909 shares during the period. Wolverine Asset Management LLC lifted its stake in Clough Global Opportunities Fund by 35.8% in the fourth quarter. Wolverine Asset Management LLC now owns 34,648 shares of the investment management company’s stock worth $196,000 after acquiring an additional 9,127 shares during the period. Bank of America Corp DE boosted its holdings in Clough Global Opportunities Fund by 318.9% in the third quarter. Bank of America Corp DE now owns 13,112 shares of the investment management company’s stock valued at $75,000 after acquiring an additional 9,982 shares in the last quarter. PNC Financial Services Group Inc. purchased a new position in Clough Global Opportunities Fund during the 1st quarter valued at $56,000. Finally, SeaCrest Wealth Management LLC raised its holdings in Clough Global Opportunities Fund by 25.4% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 53,552 shares of the investment management company’s stock worth $310,000 after purchasing an additional 10,850 shares in the last quarter.

About Clough Global Opportunities Fund

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.