Short Interest in Clough Global Equity Fund (NYSEAMERICAN:GLQ) Decreases By 25.6%

Clough Global Equity Fund (NYSEAMERICAN:GLQ) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 48,900 shares, a decrease of 25.6% from the February 28th total of 65,700 shares. Based on an average daily trading volume, of 65,300 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Clough Global Equity Fund

Several large investors have recently bought and sold shares of the business. Benjamin Edwards Inc. purchased a new stake in Clough Global Equity Fund in the third quarter worth approximately $70,000. Walkner Condon Financial Advisors LLC bought a new position in shares of Clough Global Equity Fund during the 4th quarter valued at $87,000. Walleye Capital LLC purchased a new position in shares of Clough Global Equity Fund in the 3rd quarter worth $114,000. Guggenheim Capital LLC bought a new stake in shares of Clough Global Equity Fund in the fourth quarter worth $284,000. Finally, Almitas Capital LLC bought a new stake in shares of Clough Global Equity Fund in the fourth quarter worth $343,000.

Clough Global Equity Fund Trading Down 0.3 %

GLQ stock traded down $0.02 during midday trading on Monday, hitting $6.29. The company’s stock had a trading volume of 68,454 shares, compared to its average volume of 74,033. The business has a 50-day simple moving average of $6.66. Clough Global Equity Fund has a 12 month low of $6.12 and a 12 month high of $7.30.

Clough Global Equity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 18th will be given a dividend of $0.065 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.78 annualized dividend and a dividend yield of 12.40%.

Clough Global Equity Fund Company Profile

Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company's competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation.