Clough Global Equity Fund (NYSEAMERICAN:GLQ) Short Interest Down 68.8% in December

Clough Global Equity Fund (NYSEAMERICAN:GLQ) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 6,761 shares, a drop of 68.8% from the November 30th total of 21,647 shares. Based on an average daily trading volume, of 57,848 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 57,848 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Clough Global Equity Fund

Several institutional investors and hedge funds have recently modified their holdings of GLQ. Alpine Global Management LLC acquired a new stake in Clough Global Equity Fund in the third quarter valued at about $1,550,000. Verition Fund Management LLC lifted its holdings in shares of Clough Global Equity Fund by 70.6% in the third quarter. Verition Fund Management LLC now owns 483,270 shares of the investment management company’s stock worth $3,678,000 after acquiring an additional 200,045 shares during the last quarter. Citadel Advisors LLC boosted its stake in shares of Clough Global Equity Fund by 54.5% in the 3rd quarter. Citadel Advisors LLC now owns 30,420 shares of the investment management company’s stock valued at $231,000 after purchasing an additional 10,734 shares in the last quarter. Almitas Capital LLC boosted its stake in shares of Clough Global Equity Fund by 47.5% in the 3rd quarter. Almitas Capital LLC now owns 114,007 shares of the investment management company’s stock valued at $868,000 after purchasing an additional 36,704 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of Clough Global Equity Fund by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 73,317 shares of the investment management company’s stock valued at $558,000 after purchasing an additional 1,784 shares during the last quarter.

Clough Global Equity Fund Stock Up 0.4%

Shares of Clough Global Equity Fund stock opened at $7.69 on Thursday. The company has a 50 day moving average of $7.69 and a 200-day moving average of $7.44. Clough Global Equity Fund has a 1-year low of $5.33 and a 1-year high of $7.99.

Clough Global Equity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th will be issued a $0.065 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.1%. The ex-dividend date of this dividend is Wednesday, December 17th.

About Clough Global Equity Fund

Clough Global Equity Fund (NYSE American: GLQ) is a closed-end management investment company that seeks long-term capital appreciation through a diversified portfolio of global equity securities. The fund’s primary objective is to invest in a concentrated selection of companies across both developed and emerging markets, providing U.S. investors with access to international growth opportunities alongside domestic equities. Its shares trade on the NYSE American exchange, offering investors liquidity and the potential benefits of a closed-end structure.

The fund adopts a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.