Clough Global Opportunities Fund (GLO) Short Interest Up 83.8% in September

Clough Global Opportunities Fund (NYSE:GLO) was the recipient of a significant increase in short interest during the month of September. As of September 29th, there was short interest totalling 181,268 shares, an increase of 83.8% from the September 15th total of 98,634 shares. Based on an average daily volume of 157,353 shares, the short-interest ratio is currently 1.2 days. Currently, 0.4% of the company’s shares are short sold.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Shaker Financial Services LLC purchased a new stake in Clough Global Opportunities Fund in the 2nd quarter valued at about $1,506,000. Oppenheimer & Co. Inc. raised its holdings in Clough Global Opportunities Fund by 17.1% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 59,286 shares of the investment management company’s stock valued at $628,000 after buying an additional 8,650 shares during the period. Advisor Group Inc. raised its holdings in Clough Global Opportunities Fund by 28.9% in the 2nd quarter. Advisor Group Inc. now owns 23,725 shares of the investment management company’s stock valued at $252,000 after buying an additional 5,325 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in Clough Global Opportunities Fund by 9.6% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 21,869 shares of the investment management company’s stock valued at $232,000 after buying an additional 1,910 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Clough Global Opportunities Fund by 4.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,155 shares of the investment management company’s stock valued at $192,000 after buying an additional 699 shares during the period.

Clough Global Opportunities Fund (NYSE GLO) opened at 11.38 on Friday. The stock has a 50 day moving average of $11.26 and a 200-day moving average of $10.83. Clough Global Opportunities Fund has a 12-month low of $8.65 and a 12-month high of $11.43.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, October 20th will be issued a $0.0994 dividend. The ex-dividend date is Thursday, October 19th. This represents a $1.19 annualized dividend and a yield of 10.48%.

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About Clough Global Opportunities Fund

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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