Clough Global Opportunities Fund (NYSEAMERICAN:GLO) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 19,929 shares, a decline of 90.3% from the November 15th total of 204,846 shares. Based on an average daily volume of 254,809 shares, the days-to-cover ratio is presently 0.1 days.

Shares of Clough Global Opportunities Fund (NYSEAMERICAN GLO) opened at $10.79 on Tuesday. Clough Global Opportunities Fund has a one year low of $8.73 and a one year high of $11.67.

The business also recently declared a monthly dividend, which will be paid on Friday, December 29th. Shareholders of record on Tuesday, December 19th will be paid a $0.1018 dividend. The ex-dividend date is Monday, December 18th. This represents a $1.22 annualized dividend and a yield of 11.32%. This is a boost from Clough Global Opportunities Fund’s previous monthly dividend of $0.10.

A number of hedge funds have recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. lifted its stake in Clough Global Opportunities Fund by 4.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,155 shares of the investment management company’s stock worth $192,000 after purchasing an additional 699 shares in the last quarter. Advisor Group Inc. lifted its stake in Clough Global Opportunities Fund by 28.9% in the 2nd quarter. Advisor Group Inc. now owns 23,725 shares of the investment management company’s stock worth $252,000 after purchasing an additional 5,325 shares in the last quarter. Wedbush Securities Inc. raised its position in shares of Clough Global Opportunities Fund by 61.3% during the 3rd quarter. Wedbush Securities Inc. now owns 16,276 shares of the investment management company’s stock valued at $182,000 after buying an additional 6,186 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Clough Global Opportunities Fund by 17.1% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 59,286 shares of the investment management company’s stock valued at $628,000 after buying an additional 8,650 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of Clough Global Opportunities Fund by 407.5% during the 2nd quarter. IFP Advisors Inc now owns 11,306 shares of the investment management company’s stock valued at $120,000 after buying an additional 9,078 shares in the last quarter.

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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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