Clough Global Equity Fund (NYSEAMERICAN:GLQ) Sees Large Growth in Short Interest

Clough Global Equity Fund (NYSEAMERICAN:GLQ) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 14,477 shares, an increase of 35.5% from the January 29th total of 10,686 shares. Based on an average trading volume of 79,315 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 79,315 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in GLQ. Wolverine Asset Management LLC acquired a new stake in shares of Clough Global Equity Fund during the third quarter worth $78,000. XTX Topco Ltd bought a new position in Clough Global Equity Fund during the fourth quarter worth about $101,000. B. Riley Wealth Advisors Inc. acquired a new stake in Clough Global Equity Fund in the 2nd quarter worth about $107,000. Citadel Advisors LLC raised its stake in Clough Global Equity Fund by 54.5% in the 3rd quarter. Citadel Advisors LLC now owns 30,420 shares of the investment management company’s stock worth $231,000 after purchasing an additional 10,734 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC boosted its holdings in Clough Global Equity Fund by 24.6% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 36,023 shares of the investment management company’s stock valued at $276,000 after purchasing an additional 7,116 shares during the period.

Clough Global Equity Fund Trading Up 0.5%

Shares of NYSEAMERICAN:GLQ traded up $0.04 during trading on Monday, reaching $8.30. 32,092 shares of the stock were exchanged, compared to its average volume of 74,087. Clough Global Equity Fund has a 12 month low of $5.33 and a 12 month high of $8.38. The stock has a 50-day moving average price of $8.04 and a 200-day moving average price of $7.76.

Clough Global Equity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th will be paid a $0.0729 dividend. The ex-dividend date is Wednesday, March 18th. This represents a c) annualized dividend and a yield of 10.5%.

Clough Global Equity Fund Company Profile

Clough Global Equity Fund (NYSE American: GLQ) is a closed-end management investment company that seeks long-term capital appreciation through a diversified portfolio of global equity securities. The fund’s primary objective is to invest in a concentrated selection of companies across both developed and emerging markets, providing U.S. investors with access to international growth opportunities alongside domestic equities. Its shares trade on the NYSE American exchange, offering investors liquidity and the potential benefits of a closed-end structure.

The fund adopts a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.