Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Short Interest Update

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 8,536 shares, a decrease of 58.7% from the April 15th total of 20,675 shares. Based on an average trading volume of 34,207 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Clough Global Dividend and Income Fund

Hedge funds have recently modified their holdings of the business. Gamco Investors INC. ET AL purchased a new stake in shares of Clough Global Dividend and Income Fund in the fourth quarter valued at $60,000. Closed End Fund Advisors Inc. purchased a new stake in shares of Clough Global Dividend and Income Fund in the fourth quarter valued at $86,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Clough Global Dividend and Income Fund in the third quarter valued at $95,000. Fifth Third Bancorp purchased a new stake in shares of Clough Global Dividend and Income Fund in the first quarter valued at $112,000. Finally, Almitas Capital LLC purchased a new stake in shares of Clough Global Dividend and Income Fund in the fourth quarter valued at $115,000.

Clough Global Dividend and Income Fund Price Performance

Shares of NYSEAMERICAN:GLV traded down $0.04 on Friday, reaching $6.29. 50,419 shares of the company traded hands, compared to its average volume of 41,069. Clough Global Dividend and Income Fund has a fifty-two week low of $5.36 and a fifty-two week high of $6.41. The company’s 50 day moving average is $6.05 and its 200-day moving average is $6.11.

Clough Global Dividend and Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 17th will be given a dividend of $0.0566 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date is Wednesday, June 17th.

About Clough Global Dividend and Income Fund

Clough Global Dividend and Income Fund (NYSEAMERICAN: GLV) is a closed-end management investment company designed to provide investors with a combination of high current income and the potential for long-term capital appreciation. The fund pursues its objectives by investing primarily in dividend-paying equity securities of companies located throughout developed and emerging markets. In addition to its global equity allocation, Clough Global Dividend and Income Fund may allocate a portion of its assets to fixed-income instruments, including high-yield corporate bonds and preferred securities, to enhance current income potential.

Established in 2016, the fund is advised by Clough Capital Partners, L.P., an investment management firm headquartered in Greenwood Village, Colorado.