Clough Global Opportunities Fund (GLO) Short Interest Down 89.9% in February

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 5,675 shares, a drop of 89.9% from the February 15th total of 56,223 shares. Based on an average daily trading volume, of 166,813 shares, the short-interest ratio is currently 0.0 days.

Several hedge funds have recently added to or reduced their stakes in the company. Belpointe Asset Management LLC purchased a new position in shares of Clough Global Opportunities Fund in the 4th quarter worth $176,000. Millennium Management LLC purchased a new position in Clough Global Opportunities Fund during the fourth quarter valued at $736,000. 180 Wealth Advisors LLC purchased a new position in Clough Global Opportunities Fund during the fourth quarter valued at $691,000. Doliver Capital Advisors LP purchased a new position in Clough Global Opportunities Fund during the fourth quarter valued at $771,000. Finally, Wedbush Securities Inc. lifted its position in Clough Global Opportunities Fund by 30.4% during the fourth quarter. Wedbush Securities Inc. now owns 21,232 shares of the investment management company’s stock valued at $231,000 after purchasing an additional 4,956 shares in the last quarter.

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Clough Global Opportunities Fund (NYSEAMERICAN GLO) opened at $11.17 on Friday. Clough Global Opportunities Fund has a 52 week low of $9.85 and a 52 week high of $11.67.

The company also recently declared a monthly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Tuesday, February 20th were paid a $0.1046 dividend. This is an increase from Clough Global Opportunities Fund’s previous monthly dividend of $0.10. This represents a $1.26 dividend on an annualized basis and a dividend yield of 11.24%. The ex-dividend date was Friday, February 16th.

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Clough Global Opportunities Fund Company Profile

Clough Global Opportunities Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. It seeks to achieve its objective by applying a fundamental research-driven investment process. It will invest in equity and equity-related securities, as well as fixed income securities, including both corporate and sovereign debt.

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