Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Share Price Passes Above Fifty Day Moving Average of $0.00

Clough Global Opportunities Fund (NYSEAMERICAN:GLOGet Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.00 and traded as high as $5.20. Clough Global Opportunities Fund shares last traded at $5.15, with a volume of 138,854 shares.

Clough Global Opportunities Fund Stock Performance

Clough Global Opportunities Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th were given a dividend of $0.048 per share. The ex-dividend date of this dividend was Thursday, April 18th. This represents a yield of 11.63%.

Insiders Place Their Bets

In other news, insider Charles Clough, Jr. bought 50,000 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The stock was acquired at an average cost of $4.94 per share, for a total transaction of $247,000.00. Following the purchase, the insider now owns 350,445 shares of the company’s stock, valued at approximately $1,731,198.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Charles Clough, Jr. bought 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was acquired at an average cost of $5.01 per share, for a total transaction of $100,200.00. Following the purchase, the insider now owns 300,445 shares of the company’s stock, valued at approximately $1,505,229.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Charles Clough, Jr. bought 50,000 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The stock was purchased at an average price of $4.94 per share, with a total value of $247,000.00. Following the completion of the purchase, the insider now directly owns 350,445 shares in the company, valued at approximately $1,731,198.30. The disclosure for this purchase can be found here.

Institutional Investors Weigh In On Clough Global Opportunities Fund

Hedge funds have recently bought and sold shares of the company. Cornerstone Advisors LLC raised its holdings in Clough Global Opportunities Fund by 5.2% in the 1st quarter. Cornerstone Advisors LLC now owns 686,456 shares of the investment management company’s stock valued at $3,487,000 after acquiring an additional 33,678 shares during the period. Private Advisor Group LLC raised its holdings in Clough Global Opportunities Fund by 15.3% in the 1st quarter. Private Advisor Group LLC now owns 490,622 shares of the investment management company’s stock valued at $2,492,000 after acquiring an additional 65,271 shares during the period. FinTrust Capital Advisors LLC raised its holdings in Clough Global Opportunities Fund by 89.1% in the 1st quarter. FinTrust Capital Advisors LLC now owns 109,241 shares of the investment management company’s stock valued at $555,000 after acquiring an additional 51,465 shares during the period. SeaCrest Wealth Management LLC bought a new position in Clough Global Opportunities Fund in the 1st quarter valued at about $295,000. Finally, Matisse Capital raised its holdings in Clough Global Opportunities Fund by 56.6% in the 1st quarter. Matisse Capital now owns 500,000 shares of the investment management company’s stock valued at $2,540,000 after acquiring an additional 180,669 shares during the period.

Clough Global Opportunities Fund Company Profile

(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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