Clough Global Equity Fund (NYSE:GLQ) was the target of a large growth in short interest in September. As of September 29th, there was short interest totalling 46,410 shares, a growth of 192.6% from the September 15th total of 15,861 shares. Based on an average daily volume of 60,361 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional investors have recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. lifted its position in shares of Clough Global Equity Fund by 14.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 23,174 shares of the investment management company’s stock valued at $292,000 after acquiring an additional 2,928 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Clough Global Equity Fund by 241.2% in the second quarter. Private Advisor Group LLC now owns 58,000 shares of the investment management company’s stock valued at $746,000 after acquiring an additional 41,000 shares in the last quarter. Shaker Financial Services LLC purchased a new position in shares of Clough Global Equity Fund in the second quarter valued at about $738,000. Finally, Harbour Capital Advisors LLC lifted its position in shares of Clough Global Equity Fund by 1,161.0% in the second quarter. Harbour Capital Advisors LLC now owns 150,021 shares of the investment management company’s stock valued at $11,897,000 after acquiring an additional 138,124 shares in the last quarter.

Shares of Clough Global Equity Fund (NYSE GLQ) traded down 0.07% during mid-day trading on Tuesday, reaching $13.62. The company had a trading volume of 50,297 shares. The firm has a 50 day moving average of $13.42 and a 200-day moving average of $12.97. Clough Global Equity Fund has a one year low of $10.33 and a one year high of $13.77.

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 29th. Stockholders of record on Wednesday, September 20th were given a $0.1187 dividend. This represents a $1.42 annualized dividend and a dividend yield of 10.46%. This is an increase from Clough Global Equity Fund’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Tuesday, September 19th.

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Clough Global Equity Fund Company Profile

Clough Global Equity Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. It will invest approximately 80% in equity and equity-related securities in the United States and non-United States markets, and the remainder in fixed income securities, including both corporate and sovereign debt, in both the United States and non-United States markets.

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