Clough Global Opportunities Fund (NYSEAMERICAN:GLO – Get Free Report) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 149,500 shares, a growth of 61.8% from the February 13th total of 92,400 shares. Based on an average daily volume of 161,800 shares, the short-interest ratio is currently 0.9 days.
Clough Global Opportunities Fund Stock Up 1.9 %
Shares of GLO stock traded up $0.09 during trading hours on Friday, reaching $4.95. 135,683 shares of the company traded hands, compared to its average volume of 162,906. Clough Global Opportunities Fund has a 12-month low of $4.82 and a 12-month high of $5.60. The stock’s 50-day moving average price is $5.15.
Clough Global Opportunities Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.0501 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.15%.
Institutional Inflows and Outflows
About Clough Global Opportunities Fund
Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.
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