Short Interest in Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Rises By 82.2%

Clough Global Opportunities Fund (NYSEAMERICAN:GLOGet Free Report) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 58,500 shares, a growth of 82.2% from the January 15th total of 32,100 shares. Based on an average daily trading volume, of 178,500 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Clough Global Opportunities Fund

Several hedge funds have recently added to or reduced their stakes in GLO. Cornerstone Advisors LLC lifted its stake in Clough Global Opportunities Fund by 50.0% in the fourth quarter. Cornerstone Advisors LLC now owns 652,778 shares of the investment management company’s stock worth $3,068,000 after purchasing an additional 217,620 shares during the last quarter. Matisse Capital raised its holdings in shares of Clough Global Opportunities Fund by 485.4% in the fourth quarter. Matisse Capital now owns 319,331 shares of the investment management company’s stock worth $1,501,000 after buying an additional 264,778 shares during the period. Kayne Anderson Capital Advisors LP bought a new stake in shares of Clough Global Opportunities Fund during the 4th quarter worth approximately $367,000. Allspring Global Investments Holdings LLC boosted its holdings in Clough Global Opportunities Fund by 35.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 436,028 shares of the investment management company’s stock valued at $2,049,000 after acquiring an additional 112,994 shares during the period. Finally, Comerica Bank purchased a new stake in Clough Global Opportunities Fund in the third quarter worth $191,000.

Clough Global Opportunities Fund Stock Up 0.1 %

GLO stock opened at $5.03 on Tuesday. Clough Global Opportunities Fund has a twelve month low of $4.08 and a twelve month high of $5.18.

Clough Global Opportunities Fund Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, January 19th were paid a dividend of $0.048 per share. The ex-dividend date of this dividend was Thursday, January 18th. This represents a dividend yield of 12.31%.

About Clough Global Opportunities Fund

(Get Free Report)

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.

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