Clough Global Equity Fund (NYSEAMERICAN:GLQ) Short Interest Update

Clough Global Equity Fund (NYSEAMERICAN:GLQ) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 113,467 shares, a growth of 94.9% from the April 30th total of 58,205 shares. Based on an average trading volume of 105,357 shares, the days-to-cover ratio is currently 1.1 days.

Clough Global Equity Fund Stock Down 0.7%

Clough Global Equity Fund stock opened at $8.65 on Tuesday. Clough Global Equity Fund has a twelve month low of $6.66 and a twelve month high of $8.71. The stock has a 50 day moving average of $8.07 and a two-hundred day moving average of $7.96.

Clough Global Equity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 17th will be given a dividend of $0.0729 per share. This represents a c) dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Wednesday, June 17th.

Institutional Trading of Clough Global Equity Fund

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its position in Clough Global Equity Fund by 4.1% during the 2nd quarter. Raymond James Financial Inc. now owns 71,533 shares of the investment management company’s stock worth $510,000 after acquiring an additional 2,832 shares during the period. Royal Bank of Canada lifted its position in Clough Global Equity Fund by 6.7% during the 4th quarter. Royal Bank of Canada now owns 322,075 shares of the investment management company’s stock worth $2,467,000 after acquiring an additional 20,100 shares during the period. SeaCrest Wealth Management LLC lifted its holdings in shares of Clough Global Equity Fund by 2.7% in the 4th quarter. SeaCrest Wealth Management LLC now owns 49,238 shares of the investment management company’s stock valued at $388,000 after buying an additional 1,302 shares during the period. Wolverine Asset Management LLC lifted its holdings in shares of Clough Global Equity Fund by 68.8% in the 4th quarter. Wolverine Asset Management LLC now owns 17,249 shares of the investment management company’s stock valued at $132,000 after buying an additional 7,030 shares during the period. Finally, Blue Bell Private Wealth Management LLC lifted its holdings in shares of Clough Global Equity Fund by 19.4% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 191,293 shares of the investment management company’s stock valued at $1,465,000 after buying an additional 31,085 shares during the period.

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.