Short Interest in Clough Global Equity Fund (NYSEAMERICAN:GLQ) Drops By 8.3%

Clough Global Equity Fund (NYSEAMERICAN:GLQ) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 16,500 shares, a decline of 8.3% from the November 30th total of 18,000 shares. Based on an average daily trading volume, of 89,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Clough Global Equity Fund

Several large investors have recently made changes to their positions in GLQ. Benjamin Edwards Inc. bought a new stake in shares of Clough Global Equity Fund in the 3rd quarter worth about $70,000. Walleye Capital LLC bought a new stake in Clough Global Equity Fund in the third quarter valued at approximately $114,000. Shaker Financial Services LLC grew its stake in Clough Global Equity Fund by 7.5% in the third quarter. Shaker Financial Services LLC now owns 46,990 shares of the investment management company’s stock valued at $326,000 after acquiring an additional 3,284 shares during the period. SeaCrest Wealth Management LLC increased its stake in Clough Global Equity Fund by 5.6% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 60,680 shares of the investment management company’s stock worth $421,000 after purchasing an additional 3,202 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of Clough Global Equity Fund during the second quarter worth $325,000.

Clough Global Equity Fund Trading Up 0.3 %

GLQ stock traded up $0.02 during trading on Wednesday, reaching $6.66. 162,137 shares of the company’s stock were exchanged, compared to its average volume of 75,342. Clough Global Equity Fund has a 1-year low of $5.79 and a 1-year high of $7.30.

Clough Global Equity Fund Dividend Announcement

The business also recently disclosed a — dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were paid a $0.0603 dividend. The ex-dividend date was Monday, December 16th. This represents a yield of 10.4%.

About Clough Global Equity Fund

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.