Clough Global Opportunities Fund (NYSE:GLO) saw a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 106,056 shares, a drop of 44.7% from the July 31st total of 191,898 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 211,213 shares, the days-to-cover ratio is currently 0.5 days.

Shares of Clough Global Opportunities Fund (NYSE:GLO) opened at 11.19 on Monday. The company has a 50-day moving average of $11.11 and a 200 day moving average of $10.53. Clough Global Opportunities Fund has a one year low of $8.65 and a one year high of $11.36.

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 22nd will be issued a $0.0978 dividend. This represents a $1.17 dividend on an annualized basis and a dividend yield of 10.49%. This is a boost from Clough Global Opportunities Fund’s previous monthly dividend of $0.09. The ex-dividend date is Friday, August 18th.

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

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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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