Clough Global Opportunities Fund (NYSEAMERICAN:GLO) saw a large growth in short interest in June. As of June 29th, there was short interest totalling 92,892 shares, a growth of 665.2% from the June 15th total of 12,139 shares. Based on an average daily volume of 130,963 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the shares of the stock are sold short.

Several hedge funds and other institutional investors have recently modified their holdings of GLO. Royal Bank of Canada boosted its position in shares of Clough Global Opportunities Fund by 222.2% during the 1st quarter. Royal Bank of Canada now owns 202,252 shares of the investment management company’s stock worth $2,164,000 after purchasing an additional 139,475 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of Clough Global Opportunities Fund during the 4th quarter worth $736,000. Oppenheimer & Co. Inc. boosted its position in shares of Clough Global Opportunities Fund by 33.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 69,954 shares of the investment management company’s stock worth $749,000 after purchasing an additional 17,373 shares in the last quarter. Glassman Wealth Services purchased a new stake in shares of Clough Global Opportunities Fund during the 1st quarter worth $182,000. Finally, Belpointe Asset Management LLC purchased a new stake in shares of Clough Global Opportunities Fund during the 4th quarter worth $176,000.

Shares of Clough Global Opportunities Fund traded down $0.02, hitting $11.08, during trading on Wednesday, according to Marketbeat. 122,079 shares of the company were exchanged, compared to its average volume of 186,507. Clough Global Opportunities Fund has a 1 year low of $10.40 and a 1 year high of $11.67.

The business also recently announced a monthly dividend, which was paid on Friday, June 29th. Shareholders of record on Tuesday, June 19th were given a dividend of $0.10 per share. This is a positive change from Clough Global Opportunities Fund’s previous monthly dividend of $0.10. This represents a $1.20 annualized dividend and a dividend yield of 10.83%. The ex-dividend date of this dividend was Monday, June 18th.

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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